Free Trial

Persistent USD demand squeezes to........>

DOLLAR-YEN
DOLLAR-YEN: Persistent USD demand squeezes to Y112.78 and seen approaching the
Jul13 high at Y112.80. A break here opens a move toward the Y113.00 area which
is reported to hold option-linked resistance. EUR & AUD now resting on intraday
lows at $1.1686/0.7387 respectively. GBP continues heavy having printed $1.3145,
the 100-wma at $1.3079 is the next key target.  

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.