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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 AccessAUD/USD Seeing Modest Selling Pressure
AUD/USD is off -0.20% from NY closing levels. The pair last tracked close to 0.7075. The move lower in the A$ is line with some modest moves higher in the USD against the majors, although the AUD is underperforming slightly. Firmer US equity futures hasn't helped AUD/USD a great deal at this stage. AUD/JPY is back above 94.00 though, last 94.15/20, thanks to higher USD/JPY levels.
- The dip in AU consumer inflation expectations (5.9% versus 6.3% previously) hasn't impacted sentiment a great deal. AU bond yields are mostly higher, the 2 up 3bps to 2.77%, likewise for the 10yr to 3.27%.
- In the commodity space, iron ore is a little higher, back above $112/tonne. Gold is lower though ($1788 last), which is around the lows from yesterday's session.
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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.