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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
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Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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About Us
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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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI: PBOC Net Drains CNY248 Bln via OMO Tuesday
MNI Eurozone Inflation Insight – November 2024
Bearish Theme
- RES 4: 1.2974 Low Apr 13 and a recent breakout level
- RES 3: 1.2877 High Apr 25
- RES 2: 1.2705/72 20-day EMA / High Apr 26
- RES 1: 1.2380/2638 High May 6 / High May 4
- PRICE: 1.2275 @ 06:23 BST May 9
- SUP 1: 1.2252 Low Jun 29 2020
- SUP 2: 1.2200 Round number support
- SUP 3: 1.2162 Low May 22 2020
- SUP 4: 1.2081 76.4% retracement of the Mar ‘20 - Jun ‘21 uptrend
GBPUSD is trading at its recent lows. A bearish risk remains present following Thursday’s sharp sell-off. Last week's breach of 1.2412, Apr 28 low, confirms a recent shallow correction and a bear flag breakout on the daily frequency. The move also confirms a resumption of the downtrend and signals scope for weakness towards 1.2252 next, the Jun 29 2020 low. Key short-term resistance has been defined at 1.2638, the May 4 high.
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.