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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 China Daily Summary: Friday, November 29
MNI US OPEN - Le Pen Sets Deadline for Further Concessions
A modest burst of USD weakness was apparent...>
FOREX: A modest burst of USD weakness was apparent in early Asia-Pacific
dealing, with pressure on USDJPY leading the way. Talk of a large bid between
105.80-85 being pulled help the pair move lower, as JPY 3-month basis continues
to narrow to multi-year tights. EUR & GBP have also moved higher vs. USD in
early Thursday trade.
- Elsewhere a disappointing Australian labour market report weighed on the AUD,
with the headline missing and the unemployment, underemployment &
underutilisation rates ticking higher (MNI 5 Things: Australia Data Shows Spare
Capacity Not Declining - See Main Wire At 00:49 GMT 03/22). This saw the AUDUSD
ease from 0.7785 to session lows of 0.7760.
- NZDUSD was a little more resilient, now sitting at unchanged levels.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.