Free Trial

The earlier break of trendline support...>

DOLLAR-YEN
DOLLAR-YEN: The earlier break of trendline support off the Jan 31 low & Y109.00
level, further pressured to extended pullback lows of Y108.78. Risk-off flow
dominates with the underlying tone seen heavy. Next support is seen at Y108.50
from the Jan 31 low, a break opens the 61.8% fibo of Y104.56-114.55 at Y108.38. 

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.