Free Trial

USDJPY based at Y112.24 overnight,.......>

DOLLAR-YEN
DOLLAR-YEN: USDJPY based at Y112.24 overnight, stalling around support from the
100-dma & Dec 6 low. The rate has since recovered to the Y112.60/65 area
targeting a move back above broken trendline support-turned resistance at
Y112.75. Bulls need a close above the 55-dma at Y113.17 to change the short-term
outlook, opening a run at the December highs of Y113.85. 

To read the full story

Close

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.