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Why MNI
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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-YEN: AUD/JPY has added 37 pips and now........>
AUSSIE-YEN: AUD/JPY has added 37 pips and now trades at Y73.60, buoyed by a
broader recovery in risk appetite with the search for any single headline
catalyst providing a difficult task. Reports of some foreign names being set to
re-open their operations in China may have helped, albeit this was far from
conclusive. Elsewhere, the Global Times struck an optimistic note re: virus
containment, while Chinese CPI topped expectations, printing at the best levels
since Oct 2011.
- A move through the Y74.00 would give bulls a green light for targeting the
100-/200-DMAs at Y74.33/38, as well as the high of Feb 6 at Y74.39. Bears look
to take out Y73.00 before attempting a move at the Feb 3 low of Y72.42.
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.