Free Trial

Opened in Asia at Y113.46 toward the.....>

DOLLAR-YEN
DOLLAR-YEN: Opened in Asia at Y113.46 toward the lower side of the Y113.31 to
Y113.91 range witnessed yesterday, where markets had a risk-off feel with softer
commodities and weaker equities, helping to underpin the Yen. Japanese Q3 GDP
provides the main event risk for the session, consensus is for a 0.4% rise, down
from 0.6% in Q2. Initial support is seen at Y113.25/22 (Nov13-10 lows), while
hourly resistance is located just below Y113.60. 

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.