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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 AccessA fairly calm start of the EU?UK session in...>
FOREX: A fairly calm start of the EU?UK session in FX, as market participants
and investors takes in the coordinated move from global CBs, with Fed pulling
the bazooka and cutting 100bps.
-More lockdowns potential across the globe dominates the early headlines, with
Malaysia and Thailand to make decisions later.
-Main focus going forward will be on the USD funding and its effects across
assets.
-EMFX have been suffering on the back of it with USDZAR and USDTRY
underperforming USD.
-In G10, USD has been pretty mixed and within ranges.
-USDJPY is better offered on the higher US yields, and the pair isn't following
Equities today, with a better risk off tone, given SPX limit down overnight.
-With Risk clearly driving multi cross assets, AUD and NZD have struggle
overnight, NZD on the surprised 75bps cut
-RBA Philip Lowe said Monday the Bank will announce further policy measures to
support the Australian economy on Thursday, AUD has remained fairly subdued.
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.