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Why MNI
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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 OPEN: Sharp Fall In China Bond Yields Continues
MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths
Aud/Usd: European open $0.7802,......>
AUSSIE SUMMARY: Aud/Usd: European open $0.7802, range $0.7789-0.7823, NY open
$0.7820, range $0.7806-0.7825
*The quiet theme spilled over into Europe, Aud/Usd held $0.7798-0.7808 in early
dealings.
*Aud crosses started to pressure, soft gold prices added weight to $0.7789 but
lacked follow through
*As Eur/Usd started to break higher, aussie tracked the move back above $0.7800.
The break of $0.7810 (Dec28 high) extended to $0.7817
*As NY arrived pressure on the dollar continued its theme, this combined with
commodities demand. The pair grinded to fresh session highs of $0.7825.
*Aussie came under pressure via the crosses in particular aud/yen and
gbp/aud with the rate dropping to pullback lows of $0.7806.
*Aud/yen demand at the year end re-balancing pushed aud/usd from $0.7808
towards $0.7825, as the fix finished the rate pared gains dropping back towards
$0.7810.
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.