MNI BRIEF: EC Sees Slight 2025 Euro Fiscal Contraction

BOC'S MENDES SEES US TARIFF INFLATION RISKS AS TWO-SIDED

MNI: BOC Sees More Rate Cuts If Economy Evolves As Expected

MNI China Daily Summary: Tuesday, November 26

MNI BRIEF: China Supports Globalisation Despite Turbulence

MNI: PBOC Net Injects CNY11.0 Bln via OMO Tuesday

MNI: US OCT NEW HOME SALES -17.3% TO 0.610M SAAR

MNI: US Q3 FHFA HPI Q/Q SA +0.7% V +4.3% Q3 2023

MNI:US SEP FHFA HPI SA +0.7% V +0.4% AUG; +4.4% Y/Y

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

JPY: USD/JPY Breaks to New Lows in Isolated FX Move

JPY
BulletMarketsForeign Exchange Bullets

USD/JPY breaks to new lows in recent trade, in a somewhat isolated move - clashing with the grind higher in equities and general stability in US yields. USD/JPY prints 153.40 (and counting) on last check, with futures markets showing a notable uptick in volumes and participation on the move.

  • CME-listed JPY futures see over $360mln trade on the move - for comfortably the best volume of the session so far. No notable headlines to trigger JPY strength here. EUR/JPY is also fading, but well off overnight lows.
86 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

USD/JPY breaks to new lows in recent trade, in a somewhat isolated move - clashing with the grind higher in equities and general stability in US yields. USD/JPY prints 153.40 (and counting) on last check, with futures markets showing a notable uptick in volumes and participation on the move.

  • CME-listed JPY futures see over $360mln trade on the move - for comfortably the best volume of the session so far. No notable headlines to trigger JPY strength here. EUR/JPY is also fading, but well off overnight lows.