Free Trial

More Colour On Japanese Demand For USD/JPY

JPY

Further to the above, the contact notes that the buying of USD/JPY is linked to Japanese corporate names as well as retail clients who are adding to longs.

  • Note that today’s dip below Y128.00 ran out of steam at Y127.90, failing to challenge last week’s base (Y127.52).
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.