Free Trial

USDJPY under renewed selling pressure....>

DOLLAR-YEN
DOLLAR-YEN: USDJPY under renewed selling pressure extends losses to fresh daily
lows of Y112.70 and seen approaching support from the 21-dma at Y112.62. Broken
up trendline resistance turned support comes in today at Y112.35, ahead of the
Oct30 low & 50-dma at Y112.31/30. US ISM mfg is due up at the top of the hour,
prior 59.8, median 59.0. 

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.