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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 AccessUSD/JPY Lower Still
USD/JPY prints as low as Y132.99 after the previously flagged break below the 50-DMA saw the move lower in the pair accelerate. Note that weakness in Hong Kong and Chinese equities is aiding the move. The rate last deals ~115 pips or so lower on the session, around the Y133.10 mark, off of worst levels after failing to force a meaningful breach below Y133.00. Note that the shunt lower puts the $1.2bn of Y132.50 option expiries set to to roll off at today’s 10AM NY cut within notably closer proximity.
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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.