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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 AccessThe dollar currently sits at Y112.55.....>
DOLLAR-YEN: The dollar currently sits at Y112.55 toward the middle of the choppy
Y112.33 to Y112.79 range seen so far this morning, where cross flows have
largely dictated trade. China Composite/Services PMI (0145GMT), provides the
event risk for the session, last were 52.4 and 52.7 respectively. Japanese
markets are closed today for Health-sports Day, regional equites will likely be
the main focus with China markets returning after a week long break. Support is
noted at Y112.32/22 (Oct4 low, Sep29-27 lows), while Asia's top of Y112.79
provides initial resistance
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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.