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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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Free AccessAUD/USD last trades back at unch. levels.....>
AUSSIE: AUD/USD last trades back at unch. levels of $0.7187 after the rate
garnered some respite from the latest round of headlines surrounding the Italian
fiscal situation and the ensuing risk on flows, hitting a reaction high of
$0.7197.
- This came after big misses vs. exp. in the latest round of AU building
approvals data, alongside broader risk aversion, pressured the rate in early
dealing.
- Bulls need to reclaim $0.7200 and the 21-DMA in place just above the figure to
provide a degree of stabilisation, before attempting to move towards the
September 28 high ($0.7241)
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.