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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 AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
USD/JPY last deals at Y113.30, >30.......>
DOLLAR-YEN: USD/JPY last deals at Y113.30, >30 pips lower, as the two sides of
the rate sit at opposite ends of the G10 table as London starts to file in.
- JPY has benefitted from trepidation triggered by worries over Brexit, some
cold water being poured on the outlook for Sino-American trade relations, and
North Korea's missile test, as well as the Nikkei 225 closing 0.6% lower on the
day.
- Bears continue to eye the 21-DMA/yesterday's low at Y113.11/10 before trying
to move below the Y113 handle. Initial bullish focus falls on Y113.70, where the
pair peaked yesterday. A break above would open up the Nov 14 high at Y114.01.
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.