MNI: PBOC Net Drains CNY216 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1865 Mon; -1.50% Y/Y

MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29

MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

MNI: AUSTRALIA Q3 BIZ INDICATORS INVENTORIES -0.9%

MNI: AUSTRALIA OCT BUILDING APPROVALS +4.2% M/M, +6.1% Y/Y

MNI: AUSTRALIA NOV DWELLING APPROVALS +4.2% M/M

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

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

AUD Firmer In Early Trade

FOREX

AUD has firmed in early dealing and is the strongest performer in the G-10 space at the margins. Elsewhere in G-10 space ranges have been narrow with little follow through on moves.

  • AUD/USD is ~0.2% firmer, last printing at $0.6737/40. We sit a touch above the 50-Day EMA ($0.6735), however recent highs remain intact for now.
  • Kiwi is a touch higher, however ranges have been narow with resistance seen ahead of $0.6220 and support at $0.62.
  • Yen is unchanged from yesterday's closing levels. USD/JPY remains in an over-arching uptrend. Resistance is seen at ¥134.75, a Fibonacci retracement point, and support at ¥132.96 the 20-Day EMA.
  • BBDXY is little changed thus far today, US Treasury Yields are a touch higher and e-minis are ~0.1% softer.
  • There is a thin data calendar for the remainder of today's Asia-Pac session. Further out we have the UK CPI, final print of Eurozone CPI and the Fed releases the Beige Book.
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.