Free Trial

Model accounts were the stand-out buyers...>

EURO-YEN
EURO-YEN: Model accounts were the stand-out buyers overnight as euro-yen took
out reported Y131.00 barriers on the move to fresh 18-mth highs of Y131.18.
Light profit take sales emerged ahead of Europe, rate drifts to Y130.96 at
typing. On the topside tech resistance is seen at Y131.25 (1% volatility band),
a break opens Y131.52/66 (1.618% swing Y130.50-128.87, Feb4 2016 high). Support
at Y130.59/56 (Jul31 high now supp, 61.8% Y130.18-131.18). 

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.