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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 AccessMNI POLITICAL RISK - Trump Tariffs Initiate Talks With Mexico
August Lows Holding For Now.......>
EURO-DOLLAR TECHS: August Lows Holding For Now
EURUSD breached Friday's base to print multi-month lows of 1.1302 yesterday but
the Aug low at 1.1301 remains intact for now as bulls look to reclaim the 1.1350
level to stabilize the outlook. A close above here would open the 1.1400/20
area, ahead of the 100-dma & Oct 16 high at 1.1594/1621. Bears continue to
target a close below the Aug lows to challenge the long-term 61.8% fibo from the
Jan 2017 low - Feb 2018 high at 1.1187.
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.