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Why MNI
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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 AccessMNI US Macro Weekly: Politics To The Fore
MNI Credit Weekly: Le Vendredi Noir
Option linked resistance at Y109.25......>
DOLLAR-YEN: Option linked resistance at Y109.25 finally gave way which has
allowed USD/JPY to extend its recovery to Y109.36, with underlying tone
remaining buoyant at writing. The tension between the US and Iran seems to have
de-escalated which has prompted a paring of risks positions, JPY and Gold the
main barometers of risk. Traders aware that the Y109.25 level holds the expiries
of $2.4bln of option interest at today's NY cut, though interest split between
$1.37bln of USD calls vs $1.05bln of USD puts. Resistance now seen into the
Dec30 high of Y109.50 with stronger interest noted from around Y109.70 through
to suggested option interest at Y109.80. US-Iran situation will be watched for
developments.
To read the full story
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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.