Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
DOLLAR-YEN TECHS: Rally Falters On Approach To The Y110.93 Swing Target
*RES 4: Y111.36/40 Equality rise from Y109.20, May 21 high
*RES 3: Y110.91/93 Jun 15 high, 1.618 swing Y110.27-Y109.20
*RES 2: Y110.62 Jun 18 high
*RES 1: Y110.20/30 1% vol, hourly resistance, Jun 18 low
*PRICE: Y110.06 @1544GMT
*SUP 1: Y109.51/60 50% Y108.11-Y110.91, 76.4% Y109.20-Y110.91
*SUP 2: Y109.18/20 61.8% of Y108.11-Y110.91, Jun 8 low
*SUP 3: Y109.05 1% volatility band
*SUP 4: Y108.77 76.4% Fibo of Y108.11-Y110.91
*COMMENTARY* Friday saw a rise to Y110.91, just shy of the swing target at
Y110.93, before suffering a setback. The subsequent loss of Y110.15 and
especially Y109.85 today, sees Y109.60-Y109.51 as the protection against a
Y109.20-Y109.18 return, where next questions would be asked of direction.
Resistance comes initially from between Y110.20-Y110.30 but back above Monday's
Y110.62 high now needed for impact.