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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI US MARKETS ANALYSIS - CAD Slips as Trump Looks to Tariffs
MNI China Daily Summary: Tuesday, November 26
MNI BRiEF: Riksbank Puts Neutral Rate In 1.5 To 3.0% Range
A mixed day for the dollar as the market......>
FOREX: A mixed day for the dollar as the market focused on Fed nominee Powell,
tax reform, government shutdown. The dollar did receive a lift following a
hawkish testimonial from Powell, then lost ground in reaction to Schumer and
Powell pulling out of a meeting with Trump over the government shutdown. Towards
the end of the session it was reported that North Korea launched a ballistic
missile test. This saw a demand for yen, predominately through eur/yen.
-Aussie: In reaction to comments from House Ways and Means Chairman Brady on
CNBC "that confident that tax bill will pass" has seen a sharp drop in XAU. The
pair followed suit dropping to $0.7590.
-The Aussie gets a lift following rallying gold prices, amid concerns
over the US tax bill. The rate went onto print fresh session highs of $0.7620
before dropping to $0.7600, following pressure on aud/yen in reaction to NK
launching missile test.
-Yen: A spike in the dollar towards the NY close as the Senate budget comte
advances GOP tax bill. Usd/yen spiked to session highs of Y111.60
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.