MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI: PBOC Net Injects CNY13.8 Bln via OMO Monday

MNI BRIEF: PBOC Increases Gold Reserves

CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Another positive session

USD
  • The Dollar is still king, after US Data keep beating expectations and inflation remains sticky.
  • The USD is in deep green territory across the majors Year To Date, only the MXN is up 3.16% for that period, while the Yen and the Swissy are down 7.96% and 7.68% respectively for that period.
  • The early loser today in G10 is the SEK, down 0.45% following the Swedish CPI coming below consensus.
  • Despite the spike in USDSEK, it is still short of Yesterday's high and more importantly 10.8254, the April high and the highest print since November.
  • Focus in FX, is still squarely on the YEN, with USDJPY making an attempt to 153.32 overnight, Yesterday's high, so far printed a 153.29 high.
  • Market participants will remain cautious of intervention risks going forward.
  • Immediate resistance is unchanged and at 153.39 1.382 proj of the Feb 1 - 13 - Mar 8 price swing.
BulletMarketsForeign Exchange BulletsHomepage
BulletMarketsForeign Exchange BulletsHomepage

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.