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Why MNI
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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 AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
USD/JPY last deals at Y111.95, 6 pips....>
DOLLAR-YEN: USD/JPY last deals at Y111.95, 6 pips higher on the day, with the
yen underperforming at the margin, as reports of the U.S. and China being close
to signing a trade deal supported risk appetite overnight.
- Worth mentioning BoJ Gov Kuroda spoke overnight, but offered little to nothing
new with regards to MonPol.
- The initial bullish target is provided by Y112.08, which represents Friday's
YTD high. A jump above would open up the upper 1.0% 10-DMA envelope, located a
further 10 pips above. Conversely, bears need a fall below the upper Bollinger
band (2%) at Y111.88 before setting their sights on Y111.72, which has limited
losses today.
- Japanese focus this week turns to domestic GDP and BoP data (c/a balance &
trade balance) due Friday, as well as the usual BoJ Rinban ops. Elsewhere, BoJ's
Harada will speak on Wednesday.
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.