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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: China CFETS Yuan Index Up 0.01% In Week of Nov 22
MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday
USD/JPY last Y113.60, a touch lower on...>
DOLLAR-YEN: USD/JPY last Y113.60, a touch lower on the day, with the Nikkei 225
& benchmark U.S. equity index futures marginally lower at writing.
- Rate finished virtually unchanged Monday as broader USD weakness nullified the
impact of the early risk on flows on the rate, with a reversal in longer dated
U.S. yields and a flatter Tsy curve also adding some weight on the day.
- Initial support is located at yesterday's lows of Y113.38 and a break below
would open up the Nov 29 low at Y113.19, while initial resistance lies at
yesterday's high of Y113.85 and a break above would give bulls a green light for
targeting the psychological Y114.00 level.
- Japanese focus this week falls on BoJ Rinban ops, while BoJ's Wakatabe is due
to speak Wednesday.
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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.