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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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Free AccessMNI BRIEF: China To Enhance Support For Foreign Trade - MOFCOM
MNI BRIEF: China To Step Up Trade Bloc Negotiations
CEEMEA FX Price Signal Summary -
- The USDZAR outlook is bullish and last Thursday’s pullback appears to be a short-term correction. Following recent gains, potential is seen for a climb to 18.6132, the Mar 21 high ahead of key resistance and the bull trigger at 18.7192, the Mar 8 high. On the downside, the 50-day EMA, at 18.0623, has been pierced. A clear break of this average would signal scope for a deeper retracement and expose 17.6993, the Mar 31 low.
- The path of least resistance in USDTRY is unchanged and remains up. The 19.00 handle and 19.20 level have been breached and the focus is on 19.40 next. The 20-day EMA at 19.1964, marks the first support.
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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.