Free Trial

Usd/Jpy holds Y113.15/25 ahead of US.....>

DOLLAR-YEN
DOLLAR-YEN: Usd/Jpy holds Y113.15/25 ahead of US ISM Non-mfg, Factory Orders and
Durable Goods data at the top of the hour. The ISM non-manufacturing index is
expected to rebound to a reading of 57.7 in December after a decline to 57.4 in
November. Factory orders are expected to rise by 1.1% in November. Durable goods
orders rose 1.3% in the month on a jump in aircraft orders, while nondurables
orders are expected to post another modest gain. Factory orders are expected to
be softer excluding the transportation component. Durable orders excluding
transportation fell 0.1% in the advance estimate. Last Y113.22. 

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.