Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- Political RiskPolitical Risk
Intelligence on key political and geopolitical events around the world.
- About Us
DOLLAR-YEN: The dollar opened in Asia at Y109.98 toward the lower side of the
Y109.88 to Y110.67 range witnessed yesterday, where US Treasury Secretary Steve
Mnuchin's, weaker US dollar is "somewhat better" for trade comment, placed the
greenback on the defensive. Locally, Q2 Capital Spending data provides a modest
event risk, the consensus is +7.9%, up from +4.5% in Q1. Support lies at Y109.75
(38.2% fib Y108.27-Y110.67), while former hourly support near Y110.40 should act
as resistance. Dollar-yen is currently changing hands at Y109.98.