Free Trial

LPRs Still Have Room To Decline - Journal


No Meaningful Fresh Information In RBA Meeting Minutes


Japan August Inflation Quickened; +2.8% Y/Y

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Aud/Usd: Europe open $0.8025,........>

AUSSIE SUMMARY: Aud/Usd: Europe open $0.8025, range$0.8020-44, NY open $0.8043,
range $0.7971-0.8042
*The pair dropped away from its printed high of $0.8044, falling to pullback
lows of $0.8032, as the market awaits the release of PPI.
*As gold continued to drop combined with broad based dollar demand witnessed the
rate pullback towards the intra-day low of $0.8011.
*The rate has pared back some of its losses since printing a fresh
intra-day low of $0.8002.
*The greenback demand continued as gold crumbled, with the rate
triggering stops on the break of $0.8000, printing fresh intra-day lows of
*Since printing fresh lows of $0.7971, the rate grinded back towards
$0.7990, the move coincided with XAU bouncing off its lows.
*The dollar gets a small lift as gold dropped into the close, with the rate
dropping towards $0.7980. 

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.