FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

*Jul28 Dollar-yen open Y111.26, range...>

YEN SUMMARY
YEN SUMMARY: *Jul28 Dollar-yen open Y111.26, range Y110.93 to Y111.33
*Dollar-yen opened in Asia toward the middle of yesterday's Y110.78 to Y111.71
range, where after a choppy session firmer UST yields was seen to underpin the
greenback.
*Early Tokyo players pushed the dollar lower from around Y111.30 to Y111.11.
Rallies were shallow and held to Y111.20. Tokyo-fix related supply then took
hold to send the dollar down to Y110.93
*Once that interest was concluded, the dollar consolidated within a tight
Y111.03 to Y111.16 range
*Option expiries for today include; Y110.80($1.24bn), Y111.00($1.45bn),
Y111.27-30($540mn) and Y112.00($781mn).
*Hourly resistance is located at Y111.33-34, while below Asia's Y110.94 low
support is located at Y110.78 (Jul27 low).
MarketsForeign Exchange Bullets
MarketsForeign Exchange Bullets

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.