Free Trial

Leading G10 Gains Against The USD

JPY

Yen gains have continued. USD/JPY is now back to the 133.70 region, +0.60% firmer in yen terms for the session. A modest pull back in US cash Tsy yields has helped, with the 10yr off by 2bps to 3.86%. The tone for the other majors remains firmer against the USD, although the JPY remains the leader (NZD is next best at +0.30%). In terms of levels, yesterday's post Asia close lows in the pair came in close to 133.40, on the topside resistance is evident around 134.50.

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.