MNI BRIEF: China Retains Ample Policy Space In H2 – NDRC

MNI BRIEF: Caixin July Manufacturing PMI Falls Below 50

MNI: PBOC Net Drains CNY224.73 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Lower At 7.1323 Thurs; -0.83% Y/Y

CHINA PBOC CONDUCTS CNY10.37 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1323 THURS VS 7.1346

Australia Jun Exports +1.7%; Imports +0.5%

MNI:AUSTRALIA JUN TRADE BALANCE A$+5589

July Export Growth Below Expectations, But Still Improvement On June

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

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

AUD/EUR: Supported At 20-Day EMA

AUD

AUD/EUR was pressured yesterday, ticking lower through the session before support came in at the 20-Day EMA (€0.6038) in late NY trade.

  • This morning we sit a touch above the measure however ranges have been narrow thus far.
  • On the downside bears look to break the 20-Day EMA and the low from 9 Oct (€0.6004). This opens the low from 76.4% retracement of the Aug-Sep bull leg (€0.5925) and the YTD low (€0.5863).
  • Bulls immediate focus is on the high from 10 Oct (€0.6080). A break through here opens the high from 29 Sep (€0.6127), the 200-Day EMA comes in at €0.6155.
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.