MNI: POWELL SAYS PCE INFLATION CAME IN LINE WITH EXPECTATIONS

MNI China Daily Summary: Friday, March 29

MNI: PBOC Injects Net CNY148 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.0950 Fri; -4.70% Y/Y

CHINA PBOC INJECTS CNY150 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.0950 FRI VS 7.0948

MNI: US FEB PERSONAL INCOME +0.3%; NOM PCE +0.8%

HICP Tracking at 2.4%Y/Y - One tenth below consensus

HICP 2 tenths softer than expected, but partly on clothing prices

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Bulls Need Close Above $1.4280 Today....>

CABLE TECHS
CABLE TECHS: Bulls Need Close Above $1.4280 Today
*RES 4: $1.4376 2018 High Apr 17 
*RES 3: $1.4346 Hourly resistance Apr 17 
*RES 2: $1.4280 Low Apr 17 now resistance 
*RES 1: $1.4218 Low Apr 13 now resistance
*PRICE: $1.4182 @ 0930GMT
*SUP 1: $1.4145 Hourly support Apr 10 
*SUP 2: $1.4136 21-DMA 
*SUP 3: $1.4104 High Apr 6 now support 
*SUP 4: $1.4065 Daily Bull channel base off Mar low
*COMMENTARY: Fresh 2018 & nearly 2 year highs lacked follow through with the
close below $1.4296 ringing alarm bells when combined with daily studies looking
to correct from O/B, momentum divergence and proximity of the Bollinger top
($1.4314). Immediate focus has shifted to $1.4104-45. Bears now need a close
below $1.3963 to shift focus to $1.3833-36. Bulls look for a close above $1.4281
to gain breathing room.
Foreign Exchange Technical AnalysisMarketsForeign Exchange Bullets

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.