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Global Macro
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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: China May Inject CNY1 Trln To Replenish Big Banks
AUD/USD last $0.7179, unch. on the day.......>
AUSSIE: AUD/USD last $0.7179, unch. on the day ahead of the release of the RBA
Dec meeting minutes at 00:30GMT/11:30AEDT.
- The pair closed a handful of pips higher yesterday and stuck to a tight, 18
pip range.
- Initial resistance is located at $0.7187, where the rate peaked Monday, and a
break above would open up $0.7196 representing the 50-DMA. On the downside,
initial focus falls on yesterday's low of $0.7169, followed by the lower
Bollinger band (2%) at $0.7142.
- All eyes are on the RBA meeting minutes coming out within an hour. Elsewhere,
Australian unemployment data is due Thursday.
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.