Free Trial

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

USD/JPY Back Through 132.00


USD/JPY has climbed higher, getting close to 132.20, against earlier lows of 131.50 close to the Tokyo fix. We have settled somewhat now, back just under 132.10. There don't appear any obvious headline catalysts for the move, although the 10yr UST yield is through yesterday's highs, last around 3.71% (near +3bps for the session). This may be spilling over and lending some USD support. The rest of the G10 space is also seeing a slightly firmer USD bid as well, while USD/CNH is back close to 6.9700.

To read the full story

Why Subscribe to


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.