Free Trial

Pace of recovery slower than that off....>

DOLLAR-YEN
MNI (London)
DOLLAR-YEN: Pace of recovery slower than that off the opening Asian lows.
Weekend news of a nuclear test in N.Korea saw Usd/Jpy marked down at the open to
Y109.23 then recovered to Y109.93 in Tokyo. Drop back from Y109.80 in early
Europe to Y109.39, reports from S.Korea they had detected activity that suggests
another missile launch, has only managed to recover to Y109.61, currently around
Y109.55. US Labor Day holiday has made for fairly subdued trade conditions,
thinner markets open to headline volatility. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@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.