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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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Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
0.8869/72 Key support: *RES.....>
EURO-STERLING TECHS: 0.8869/72 Key support:
*RES 4: 0.9092 High Jan 3 and major resistance
*RES 3: 0.9062 High Jan 11
*RES 2: 0.9000 Psychological round number
*RES 1: 0.8975 High Jun 18
*PRICE: 0.8945 @ 08:55 GMT June 24
*SUP 1: 0.8908 100-hma
*SUP 2: 0.8871 Low May 12 and 50-day EMA
*SUP 3: 0.8869 20-day EMA and general key support area
*SUP 3: 0.8830 Low Jun 6
EURGBP pushed higher Thursday and repeated the performance Friday, setting up
bulls well for the coming week. Consolidation above the 0.8900 handle keeps
momentum tilted higher, allowing markets to re-target the Jun 18 high of 0.8975.
On the downside, the 50D EMA intersects at 0.8872. This area represents a
support where bullish interest should develop if retested. A failure to hold
above the 0.8870 area would instead reinforce a bearish argument.
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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.