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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.
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 AccessMNI Eurozone Inflation Insight – November 2024
MNI ASI OPEN: Fed Bostic Still Confident of Waning Inflation
MNI ASIA MARKETS ANALYSIS: Tsy Curves Twist Flatter
*Aug22 Aussie-dollar open $0.7939,...>
AUSSIE SUMMARY: *Aug22 Aussie-dollar open $0.7939, range $0.7932 to $0.7951
*Aussie opened in Asia toward the upper side of Monday's $0.7911 to $0.7951
range, where softer US rate yields and firmer base metals gave the antipodean
the upper hand.
*Demand reportedly from Aussie-yen gave the Aussie a lift higher from the
mid-$0.7930's to a top of $0.7951. Ore prices were also seen lending support,
Dalian ore futures opened higher and initially extended gains by 3.5%.
*Firmer US rate yields then encouraged dollar demand, the rate eased from around
$0.7950 to $0.7935
*For the balance of the session the Aussie traded sideways in a $0.7935-43 range
*Hourly support is located at $0.7932/33, a break opens $0.7911 (Aug21 low),
while resistance is noted at $0.7951, which marks both intraday high and Aug21
top.
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.