Free Trial

Activity has been a little bit subdued so.....>

FOREX
FOREX: Activity has been a little bit subdued so far, with no sharp price swings
spotted in G10 FX space. JPY, AUD & GBP are softer, albeit by a very narrow
margin. USD/JPY briefly showed above yesterday's highs, but has pared gains
since. USD/CNH has crept higher in the run-up to the release of China's monthly
economic activity indicators, scheduled for the top of the hour. USD/MXN has
ticked away from yesterday's lows, printed in the wake of Banxico's monetary
policy decision.
- U.S. industrial output, advance retail sales, Empire M'fing and flash U. of
Mich. Survey, final CPIs from France and Italy, flash EZ & German GDPs, as well
as EZ trade balance headline today's data docket.

To read the full story

Close

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.