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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.
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Free AccessMade a fresh intraday low of Y113.66.....>
DOLLAR-YEN: Made a fresh intraday low of Y113.66 amid an article in the
Washington Post that says, the Senate Republican leaders are considering a
one-year corporate tax delay. Nikkei and UST's are also providing a couple of
headwinds, the cash index is lower by 0.40% and the benchmark 10-year treasury
yield is down 0.30%. For now, daily trend-line support at Y113.64 is holding
the downside in check, there is also chatter of demand in the Y113.60's with
stops below Y113.50. Dollar-yen was last at Y113.77.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.