Free Trial

Rate largely unchanged by the Uni. of....>

DOLLAR-YEN
DOLLAR-YEN: Rate largely unchanged by the Uni. of Michigan numbers, holding
either side of Y111.50. The 100-hma at Y111.41 underpins, with the 100-dma just
under at Y111.31. To the upside, resistance remains at the earlier highs of
Y111.90 and the Y112.14 YTD high printed March 6th. The 2% upper Bollinger band
also crosses there, with key Fib resistance then sitting at Y112.44 (50%
Y125.86-99.02 move).

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.