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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
Aussie-dollar: Aug14 close...........>
AUSSIE SUMMARY: Aussie-dollar: Aug14 close $0.7853, Aug15 Asia range $0.7850-77,
Europe 0.7825-61
*Aussie opened flat in Asia, early dealings were reported light tied to a narrow
$0.7850-67 range
*The RBA minutes passed without incident, the Reserve Bank remained with their
broadly neutral tone which had been confirmed earlier by their Statement of
Monetary Policy (SoMP) and Gov Lowe's testimony to Parliament
*The risk-on theme did see the Aussie climb to $0.7877, but failure to break
above hourly resistance at $0.7880 saw the pair drift lower for the balance of
the session
*The corrective pullback continued in early Europe with added weight from
euro-dollar (soft German Q2 GDP)
*Persistent dollar demand triggered light stops through $0.7835, rate touched
pullback lows of $0.7825 before dip buyers cushioned falls. Aussie last
$0.7840/45.
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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.