Free Trial

USDJPY going well bid in recent trade....>

DOLLAR-YEN
DOLLAR-YEN: USDJPY going well bid in recent trade - mirrored in rise in EURJPY
which also helps - moves coming just ahead of the 1600 WMR fix here, not seeing
any headlines crossing to prompt the move.
- Moves in USD/JPY helping reverse the bearish trend seen in recent sessions.
Opening resistance at Y107.34, the Apr28 high and Y107.79, the 20-day EMA.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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.