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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.
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Free AccessMNI BRIEF: China May Inject CNY1 Trln To Replenish Big Banks
Shrugging Off Equity Weakness......>
DOLLAR-YEN TECHS: Shrugging Off Equity Weakness
USDJPY largely shrugged off yesterday's equity weakness with the pair's pullback
failing to extend below Friday's intraday lows. This keeps the focus on the 112
level and the channel top just above it at 112.27. Above here would bring the
50% retracement level & Dec 20 high into view at 112.44/60. Bears need to clear
the 100 & 200-dmas at 111.39/37 to stabilise the outlook, while uptrend support
comes in around 111. Below here would open the Feb 27 low & 50-dma at
110.36/109.88.
To read the full story
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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.