Free Trial

Aussie currently sits at $0.8035 at the......>

AUSSIE
AUSSIE: Aussie currently sits at $0.8035 at the top end of the $0.8011 to
$0.8039 range seen so far today, improved local data, a rise in Dalian ore
futures seen underpinning the local currency. News also, NAB have revised their
view on the RBA's cash rate and now expects the first rise in August 2018,
earlier than a December rise forecast by CBA. Initial resistance lies at
$0.8049, while Asia's base of $0.8011 is support.

To read the full story

Close

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.