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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Cable spikes as Brexit could be delayed.......>
FOREX: Cable spikes as Brexit could be delayed
-GBP spiked to new highs this morning on an Evening Standard report that Article
50 and therefore Brexit could be delayed beyond March 29th. Bulls look for a
move above the 100-dma & 23.6% retracement into view at 1.2892/98
-DXY spiked just before the US opening bell and continued to climb throughout
the afternoon
-EURUSD took a dive as the dollar gained strength; near session lows at the US
close at 1.1462.
-Commodity FX rallied as China-US trade deal talks advanced; MNI headline out on
PBOC, "Offshore Yuan Pares Rise on Report PBOC Wary of Further Gains-bbg" led to
USDCNH paring gains.
-USDJPY broke through 108.50 on the pre open dollar spike before paring back
some gains. Renewed dollar sales post US CPI further extended slippage to fresh
lows of 108.15. A downside break of
the Y108 level opens the Jan 10 low at Y107.77.
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.