Free Trial

Tokyo-fix related demand was countered...>

DOLLAR-YEN
DOLLAR-YEN: Tokyo-fix related demand was countered by soft Asian equities
overnight as dollar-yen consolidated in a narrow Y109.90-110.18 range.
Resistance is seen at Y110.36/56 (Aug9 high, hourly high Aug8). A break of the
Asia low opens a move toward demand at Y109.50 (Y109.56/51 (Aug9 low, 4-mth
rising support line). Dollar-yen last Y109.98. 

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.