Free Trial

Tokyo names are the reported sellers of......>

AUSSIE
AUSSIE: Tokyo names are the reported sellers of Aussie-yen this morning, which
has seen the Aussie break back below $0.7900 to print a low so far of $0.7882.
Risk-aversion is the theme amid heightened tensions over N Korea. Early Asia
equity markets have opened in negative territory, Nikkei is the pack leader and
currently down 0.5%. Key support is seen at $0.7877 (38.2% fib $0.7571-$0.8066),
a break opens $0.7840 (Jul17 high now support)
Up next, Westpac's monthly consumer sentiment (0030GMT). Aussie was last at
$0.7886

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.