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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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Free Access50-DMA Gives Way The bears are now...>
EURO-YEN TECHS: 50-DMA Gives Way
The bears are now firmly in control following yesterday's close below the
50-dma, with the Sep 10 low at 127.87 the next downside target. Below here opens
the Aug 15 low at 124.91. Bulls need to recover the 50-dma at 129.55 to return
the short-term outlook neutral, but the bigger picture trend remains bearish and
a break back above 132 would be needed to change this.
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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.