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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 AccessAussie-dollar: Oct30 close...........>
AUSSIE SUMMARY: Aussie-dollar: Oct30 close $0.7687, Oct31 Asia range $0.7671-99,
Europe $0.7662-93
*Opened the Asian session on a firm tone, Aussie-kiwi demand pushed the Aussie
from near $0.7683 to $0.7699 before meeting supply
*Weak domestic and China PMI data soon pressured, the rate was quick to pare
gains and eased to $0.7671
*Dip buyers cushioned falls ahead of Europe, dollar sales extended the recovery
to $0.7693 but soon faded
*Pullback off the high extended to the $0.7675/80 area with added weight via the
crosses
*A period of consolidation followed before USD demand linked to firming UST
yields extended the corrective pullback to $0.7662
*Support is seen at $0.7653/42 (61.8%/76.4% $0.7625-99), demand placed behind on
approach to $0.7600.
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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.