Free Trial

Picking up talk of decent demand.........>

DOLLAR-YEN
MNI (London)
DOLLAR-YEN: Picking up talk of decent demand lurking in Usd/Jpy, though so far
not influencing the rate back toward the earlier high of Y106.94, seemingly
happy to hold around Y106.70. Japanese life companies also said to have decent
demand interest in Jpy crosses that adds to the buoyancy. Suggestion that a
break of Y107.00 could propel rate higher, though may need the large Y107.00
expiry($4.14bn) to roll off first to open the way.
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.