Free Trial

China Repo Rates Diverge On Thursday


Fixed Rate Purchase Offer

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 Access

Break of $0.6890 Exposed 0.6865,.......>

AUSSIE TECHS: Break of $0.6890 Exposed 0.6865, Touched $0.6862
Aggressive rate cut forecasts & geopolitical tension keeps the pressure on the
downside. AUDUSD eased through support at  0.6900-0.6890 and is currently
displaying a near clean sweep of bearish sentiment, according to the MNI FX
Technical Signal Monitor. Bears target a break of the recent range lows at
0.6865(0.6862 intraday low), below here opens the 0.6825/40 area which
registered a series of previous lows through Jan 2016. The 1.618% swing target
of the recent recovery off 2019 lows of 0.6865 to 0.7023 is placed behind at
0.6767. Bulls need to recover the 21-dma & Jun 13 high, before returning the
focus towards the 0.70 level.

To read the full story

Why Subscribe to


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.