Free Trial

AUD & NZD remain the biggest G10 losers.......>

FOREX
FOREX: AUD & NZD remain the biggest G10 losers against the USD, down 0.62% &
0.65% respectively. Aud/Usd touched pullback lows of $0.7733 and looks almost
certain to close below the 100-dma, next support here at $0.7727/17 (Apr4
high/Hourly base Apr10). Nzd/Usd has also suffered, the break back under NZ$0.73
triggered fresh momentum supply to NZ$0.7270 and holds heavy at typing. The Apr6
low provides next support at NZ$0.7243 ahead of the 100-dma at NZ$0.7213.

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.