Free Trial

Recovery efforts extend back above the...>

DOLLAR-YEN
DOLLAR-YEN: Recovery efforts extend back above the 200-dma to Y110.26 and will
be monitored on a closing basis. Hourly resistance is located through
Y110.35/40, opening Y110.46/48 (55-wma, 50% Y111.40-109.56). CADJPY also holds
above a key technical from the 100-dma (Y85.33), last Y85.52. Main focus turns
to the FOMC minutes at the top of the hour for clearer direction. 

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.