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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessUSDJPY last trades at ~109.35, after.....>
DOLLAR-YEN: USDJPY last trades at ~109.35, after the uptick in US yields kept
the cross above 109.00 for almost all of the EU & NY sessions.
- Immediate focus remains on WMAs & DMAs layered between 109.46 & 110.47, with a
close above needed to confirm breaks & target 2018 highs. Initial support is
noted at yesterday's hourly support level (108.97), followed by Monday's hourly
support (108.54).
- While US yields will be a key short term driver Friday brings several risk
events for the cross, with the BoJ's latest MonPol decision, May JGB buying
programming & initial US GDP estimate all due.
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.