Free Trial

Renewed pressure into Europe briefly.......>

EURO-YEN
EURO-YEN: Renewed pressure into Europe briefly made a show back under Y128.00,
touched Y127.98 (Asia & fresh YTD low) before dip buyers cushioned falls. Rate
has recovered to the Y128.25/30 area as markets take a breather from the
risk-off falls seen overnight. Next support is seen at Y127.92 (1.618% swing
Y129.24-131.38), opening Y127.69 (Falling trend support Mar3). 

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.