CANADA MAY CPI +2.9% YOY VS FORECAST +2.6%, PRIOR 2.7%

MNI: Bowman Warns Of Fed Divergence With Other Central Banks

MNI BRIEF: China To Empower AI For Economic Growth - Li Qiang

MNI China Daily Summary: Tuesday, June 25

US Treasury Auction Calendar

EZ/UK Bond Supply Calendar: Lithuania Synd; UK Auction Wednesday

MNI: US CONF BOARD CONSUMER CONFIDENCE 100.4 IN JUN V MAY 101.3

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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

Antipodeans Firm in Asia

FOREX

The Antipodeans have firmed in Asia extending Thursdays gains as firmer regional equities, the Hang Seng is up ~2%, boost sentiment.

  • Kiwi is the strongest performer in the G-10 space at the margins. NZD/USD has broken the $0.60 handle in recent dealing and is now up ~0.7%. ANZ Consumer Confidence rose to its highest level since January 2022.
  • AUD/USD is up ~0.5% and last prints at $0.6455/60. THe pair has ticked away from the 20-Day EMA ($0.6427), the next upside resistance level is at $0.6522 high from Sep 1. Support comes in at $0.6331 low from Sep 27.
  • The Yen is little changed from opening levels and ranges have been relatively narrow. USD/JPY last prints at ¥149.35/40. The trend continues to be bullish, resistance comes in at ¥149.71, high from Oct 24 2022. Support is at ¥147.67, the 20-Day EMA.
  • Elsewhere in G-10, EUR and GBP are following the broader USD move and are up ~0.1%. BBDXY is ~0.1% lower.
  • The final Q2 GDP read from the UK provides the highlight in Asia today.
Energy BulletsCommodities
Energy BulletsCommodities

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.