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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 AccessMNI: China CFETS Yuan Index Up 0.01% In Week of Nov 22
A softer USD, strong UK Services PMI &........>
CABLE: A softer USD, strong UK Services PMI & reports suggesting that the
opposition Labour party will push for as soft a Brexit as possible propelled
GBPUSD above 1.3400 on Tuesday, although advances through the figure were
limited. The pair last trades at 1.3405, off of the overnight high at 1.3417.
- Resistance levels are fairly tightly clustered, beginning with the May24
high/76.4% retracement of the 1.3492-1.3205 move (1.3422/24), followed by the
May18 low/May10 low (1.3455/60).
- Central bank speak provides the focus for GBP traders today, with BoE's
Tenreyro & McCafferty due to speak at separate events.
To read the full story
Sign up now for free trial access to this content.
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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.