Free Trial

USDJPY extends towards 150.00

USD
  • Although the Dollar leads against the Kiwi overnight and going into the European session after inflation expectation fell in New Zealand, USDJPY hits a fresh high as Tnotes drifts to session low and eye another test at the 4.1957% Yield level, the January double top, and now also a February double top, after failing to break that level on Friday and Yesterday.
  • USDJPY is heading back towards the Psychological 150.00 level, not tested since November.
  • CHF falls over 20 pips against the Dollar, after Swiss inflation came below consensus.
  • The only best performer is the Pound, up 0.11%, on the back of the Employment and earning beats.

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.