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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 AccessUSD/JPY holds lower after................>
DOLLAR-YEN: USD/JPY holds lower after outperforming the USD during & after the
month-end London fix and despite the broader risk on flows surrounding Brexit
matters in Asia-Pac dealing, as the USD struggles against its G-10 counterparts.
- USD/JPY last Y112.73. Bears need a close under the 21-DMA at Y112.62 to return
the outlook to neutral, while a move below broken trendline resistance turned
support at Y112.20 would allow them to regain control. While the 21-DMA holds,
bulls look to Y114.00.
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.