Free Trial

BLOCKs, Mar'23 SOFR Put Trees


Equity Roundup: DOW Trades Weaker Ahead Powell


MNI Interview With St. Louis Fed Economist


Larger FX Option Pipeline


Preview Tsy 3Y Note Auction

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 trades 17 pips higher, last..........>

AUSSIE: AUD/USD trades 17 pips higher, last $0.7157, as the greenback struggled,
while AUD was supported by risk-on flows triggered by a BBG report suggesting
that U.S. Pres Trump is increasingly willing to strike a deal with Beijing to
bolster the stock market, which hit the wires in the NY/Asia crossover. However,
the rate's gains were limited by the release of disappointing Aussie building
approvals, allowing the cross to back away from intraday highs of $0.7171. 
- Bulls eye the nearby upper Bollinger band (1%) at $0.7168, briefly breached
today, followed by the 55-DMA/100-DMA/50-DMA at $0.7178/79/88. A break above
would bring the 2.0% 10-DMA envelope/cloud base at $0.7205/07 into view.
Conversely, bears need a move back below yesterday's low of $0.7117, which would
open up the Jan 7 low of $0.7110. 
- Aussie retail sales hit on Friday, while developments re: global trade will
also be of interest.

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.