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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 AccessNBP Data Watch
MNI EUROPEAN MARKETS ANALYSIS: US Yields Tick Up, JGBs Steady
Topped Out Ahead of 111.00.........>
DOLLAR-YEN TECHS: Topped Out Ahead of 111.00
Broad-based JPY weakness touched highs of 110.95 on the back of poor domestic
trade balance data & firmer equities. USDJPY rejected a break of 111.00, meeting
renewed selling pressure off the high before settling around 110.80. A topside
break brings the Feb 14 high & 200-dma into view at 111.13/31, ahead of the
111.35/45 area which registered a series of previous highs through December. A
downside break of the Feb 15 low & 50-dma at 110.26/02 would shift the outlook
bearish and bring the 109.50/55 level back into view which holds the Feb 6 low &
61.8% fibo support.
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.