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Free AccessUSDJPY has had a look above 109.00, printing....>
YEN: USDJPY has had a look above 109.00, printing highs of 109.06, with US
10-Year Tsy yields edging back above 3.00% in Asia-Pacific hours. USDJPY last at
108.95, EURJPY last at 133.20, AUDJPY last at ~82.70.
- Takeda-Shire M&A developments also added weight to the JPY in the early part
of the Asia-Pacific session.
- JPY crosses have garnered additional support from reports of less USD hedging
by Japanese lifers & a warmer tone between the US & North Korea.
- Upside interest for USDJPY comes in at yesterday's high (109.19) followed by
the 100-WMA (109.45). Hourly support from April 23 is seen at 108.54.
To read the full story
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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.