Free Trial

Aussie-yen supply with added weight from.....>

AUSSIE
AUSSIE: Aussie-yen supply with added weight from weaker-than-expected China mfg
PMI, took the rate on to overnight lows of $0.7956. Post fix, firmer commodities
supported (Dalian iron-ore +7.95%), aussie consolidated $0.7970/80. A break of
the Asia high ($0.7992) and expect light offers ahead of $0.8000, through here
opens $0.8007/17 (Jul28 high, 61.8% $0.8066-0.7937). Aussie last $0.7976. 

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.