Free Trial

USDJPY tested a new intraday low

USD
  • USDJPY tested a new, although has bounced back now.
  • The Yen is still the best performer with the Kiwi against the USD in G10s.
  • The kiwi has been helped by Earning data last night, and unemployment data circa its record low, which will keep the pressure on the RNBZ to continue hiking rates.
  • USDJPY, would see next support around the 146.50 area, but moves might be limited ahead of the awaited Fed, and the expected 75bps rate hike.

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.