Free Trial

The risk-averse theme has seen USDJPY extend....>

YEN
YEN: The risk-averse theme has seen USDJPY extend losses to Y110.04 and approach
the Dec25 low at Y110.00. Traders have suggested a break triggers stops opening
a deeper move toward Y109.80/78 (Lower Bollinger Band(2%)/Aug21 low). EURJPY
feels weight with a move back under Y126.00, next support at Y125.89 (76.4%
Y125.51-127.10). 

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.