Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.Free Access
DOLLAR-YEN TECHS: Trendline Support Under Pressure
Up trendline support from the Mar23 lows has come under pressure on Wednesday
but at the time of writing, despite trading through the line, USDJPY was back
above. This keeps the outlook mildly bullish. To reignite upside momentum bulls
need to take out the April 17 high at 112.17. Above here opens the 76.4% level
of the Oct - Jan fall at 112.25, ahead of the Dec 20 high at 112.60. On the
downside bears target up trendline support from the March 25 low at 111.74 and
yesterday's low at 111.65. Below here would suggest a potential downside
reversal, with a break below the 200-dma at 111.51 needed for confirmation.
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.