Free Trial

Risk off theme continues to see..........>

DOLLAR-YEN
DOLLAR-YEN: Risk off theme continues to see broad-based yen strength, reports
that N. Korea has been moving airplanes to the east coast, boosting defences has
helped the yen to strengthen further to Y111.54, the move was also aided by
supply into today's Tokyo-fix. Equites are mostly in negative territory, but off
their respective lows. Support is located at Y111.48 (Sep25 low), a break opens
Y111.14 (50% Y109.56-Y112.72), while Asia's high of Y111.80 provides initial
resistance. Dollar-yen was last at Y111.66

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.