Free Trial

Rate extends the day's losses to touch...>

DOLLAR-YEN
DOLLAR-YEN: Rate extends the day's losses to touch fresh lows on the day and the
lowest levels since mid-September. To stem the losses, bears eye support at the
200-dma currently residing at Y110.89 and the 2.0% 10-dma envelope at Y110.63.
USD remains weaker across the board with commodity-tied FX the only currencies
faring worse than the greenback at writing.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@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.