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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 AccessAUD/USD last $0.7236, edging higher..........>
AUSSIE: AUD/USD last $0.7236, edging higher overnight despite starting the
Asia-Pac session on the back foot after Trump's hawkish trade comments re:
tariffs on China late Monday.
- Further developments in U.S.-China trade relations ahead of the G20 summit
this week remain a factor to watch.
- Bulls look to a break above the 100-DMA at $0.7245, which would open up
yesterday's high at $0.7276. Meanwhile, bears keep an eye on the Nov 21 low at
$0.7203 and a break below would allow them to target the Nov 14 lows of $0.7188.
- Australian docket this week is rather dry, besides private capex & private
sector credit figures due Thursday & Friday respectively.
To read the full story
Sign up now for free trial access to this content.
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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.