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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.
AUD
- AUD/USD extending the bounce as the greenback trades softer for a third consecutive session. This puts AUD/USD north of $0.69 for the first time since July 1st, and opens first resistance at 0.6912, the 38.2% retracement of the Jun 3 - Jul 14 downleg.
- In FX crosses, GBP/AUD has broken to new July lows and is testing the uptrendline support drawn off the May lows of 1.7180. Further weakness marks a break of support and opens June 16th lows at 1.7310. The cross has printed lower highs for six consecutive sessions, reinforcing the sell-on-rallies theme.
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.
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