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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 November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
The dollar opened in Asia at Y110.64.....>
DOLLAR-YEN: The dollar opened in Asia at Y110.64 at the lower side of Friday's
Y110.55 to Y111.33 range, where softer than expected US data and safe havens
flows gave the yen the upper hand against the greenback. Japan's Industrial
Production data (2350GMT) for June will provide the early focus for investors,
the consensus is for rise of 1.5% m/m, up from -3.6% in May. Below Friday's
Y110.55 low support is seen at Y110.17 (76.4% Y108.83 to Y114.49 rise), while
hourly trend line resistance is located at Y110.95. Dollar-yen was last at
Y110.66 and the range thus far Y110.56 to Y110.74.
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.