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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 AccessBroke below its 10-dma Wednesday as...>
EURO-STERLING: Broke below its 10-dma Wednesday as sterling made corrective
gains across the board. The 10-dma today comes in at Gbp0.8904 with the base of
the 1.0% envelope at Gbp0.8815. Cross touched a low of Gbp0.8873 yesterday,
retested this level in early Europe and currently holds around Gbp0.8880. Tech
support seen at Gbp0.8871 May12 low, stronger into Gbp0.8861(20-day EMA, 23.6%
Gbp0.8490-0.8975). Resistance at the Asia high of Gbp0.8886 ahead of Gbp0.8900.
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.