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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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Free AccessMNI EUROPEAN MARKETS ANALYSIS: China Equities Lower Post CEWC
MNI EUROPEAN OPEN: Sharp Fall In China Bond Yields Continues
Aud-Usd: Dec7 close $0.7510, Dec8....>
AUSSIE SUMMARY: Aud-Usd: Dec7 close $0.7510, Dec8 Asia range $0.7502-17
*A firmer US dollar with added weight from soft base metal prices saw the Aussie
touch extended pullback lows of $0.7504 in NY Thursday
*Demand ahead of the reported $0.7500 barrier cushioned, rate later recovered to
the $0.7510/15 area
*The dollar opened firm in Asia after President Trump announced infrastructure
plans in January and the Senate passed a temporary spending bill to fund the
government to Dec 22
*Aud/Usd slipped to fresh 6-month lows of $0.7502 but again encountered strong
support ahead of $0.7500
*Rate pared early losses to hold either side of $0.7510
*Strong China Trade data on both the imports and exports component triggered
fresh appetite, Aud/Usd squeezed to $0.7517 but with lack of follow through
drifted ahead of Europe
*Pressure remains toward the downside with main focus on today's US jobs report
for direction. Last $0.7511.
To read the full story
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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.