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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: Sep25 close...........>
AUSSIE SUMMARY: Aussie-dollar: Sep25 close $0.7885, Sep26 Asia range $0.7857-89,
Europe $0.7836-71
*Modest dollar strength, led by dollar-yen, pressured the Aussie to $0.7871 in
early Asia
*News that Roy Moore had defeated Trump-backed Luther Strange in the Alabama
Republican Senate primary triggered fresh dollar sales, rate pared losses to
$0.7889 before fading
*Toward the end of the session, Aussie dropped from near $0.7880 to $0.7862,
Aussie-kiwi supply was said to be the catalyst, with recently established longs
trimming positions ahead of the RBNZ policy meeting
*Aussie opened flat in Europe, early dealings were reported light tied to a
narrow 10 pip range
*Persistent dollar demand linked to firming UST yields started to add weight,
rate moved through $0.7850, extended to $0.7836 before fading
*Main focus today on President Trump's speech on tax reform in Indiana at
2100GMT. Aussie last $0.7841.
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.