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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 AccessKey Inter-Meeting Fed Speak – Dec 2024
US TREASURY AUCTION CALENDAR: Avg 3Y Sale
Usd/Jpy: Nov23 close Y111.21, Nov24.....>
YEN SUMMARY: Usd/Jpy: Nov23 close Y111.21, Nov24 Asia range Y111.20-50, Europe
Y111.34-56
*Eur-Jpy: Nov23 close Y131.80, Nov24 Asia range Y131.76-132.20, Europe
Y131.94-132.35
*Fix-related and euro-yen demand lifted the pair to Y111.44 in early Asia
*Minor pullback linked to Aud/Jpy sales (SCHCOMP lower) briefly countered,
before on-going Eur/Yen demand and the subsequent break of Y132.00 squeezed to
Y111.56
*Consolidation initially remained the theme into Europe, before minor dollar
sales started to weigh
*Rate eased to Y111.34, but with lack of follow through recovered to hold around
the Y111.40/45 area
*Eur/Jpy extended the corrective pullback off o/n highs (Y132.20) into Europe,
slippage through Y132.00 extended to Y131.94 before dip buyers cushioned falls
*Holding firm ahead of German IFO data, the strong headline release lifted to
Y132.18, second wave demand squeezed to Y132.35 before fading.
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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.