Free Trial

Australia took centre stage in the............>

FOREX
FOREX: Australia took centre stage in the Asia-Pacific session, with the release
of Aussie inflation data. Q3 CPI showed headline inflation rising by 0.6% q/q
and 1.8% y/y against market consensus of 0.8% q/q and 2.0% y/y. Aussie was
slammed lower from around $0.7780 to $0.7722 and so far recoveries have been
minimal. Aussie was last at $0.7729. Elsewhere, the dollar was mostly unchanged
against its peers and was held to narrow ranges. Dollar-yen trekked between
Y113.75 to Y113.98 range. Kiwi-dollar consolidated between $0.6890 and $0.6913.
Meanwhile, Euro-dollar currently trades at $1.1760 and Cable at $1.3132, after
trading in respective ranges of $1.1755 to $1.1770 and $1.3121 to $1.3140. 

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.