MNI China Daily Summary: Monday, January 30

MNI BRIEF: China To Expand Fields For Special Bonds - MOF

MNI BRIEF: BOJ Maintains Scale of JGB Ops in February

US Treasury Auction Calendar

US$ Credit Supply Pipeline

Fed Watch

(RPT)MNI INTERVIEW: BOC In One And Done Zone - Chamber

Rpt- MNI INTERVIEW: BOC Losses May Dent Inflation Fight- Tombe

MNI BRIEF: EU Sees Statement After UK-EU Talks This Afternoon

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

RBC Technicals: Play A Study Divergence For A Bounce In USD/CHF

BONDS

NZGBS: Yields Follow Global Benchmarks Higher

AUSTRALIA DATA

SEEK Advertised Salaries Post Another Solid Rise In Q4 2022

JPY

USD/JPY Rebounds Amid Broad USD Strength, Busy Data Calendar Today

AUD

A$ Underperforms As Risk Pullback Weighs On Commodities

NZD

Pressured On Risk-Off Flows

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
Trending Top 5
Market News Topics

CEEMEA FX Price Signal Summary - EURPLN Remains Below Resistance

EMERGING MARKETS
EM BulletHomepagemarkets-real-timeCommoditiesBulletEmerging Markets News
  • EURHUF remains closer to its recent lows and the latest bounce is considered corrective. The trend outlook is bearish, following the reversal from the Dec 12, 420.46 high and scope is for a deeper short-term pullback towards 391.55, the Aug 12 low. For bulls, initial firm resistance is at 404.43, the 50-day EMA. .
  • The EURPLN outlook appears bearish. The cross breached support at 4.6528 in December, the Aug 15 low. This break confirmed the end of a period of consolidation and highlights a resumption of the downtrend. This has opened 4.6262 next, the Jun 21 low, ahead of the 4.6000 handle. Most recently, the cross has recovered from its lows but remains below resistance and short-term gains are considered corrective. Resistance to watch is 4.7220, the Dec 6 high. A break of this hurdle is required to suggest potential for a stronger recovery.
144 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • EURHUF remains closer to its recent lows and the latest bounce is considered corrective. The trend outlook is bearish, following the reversal from the Dec 12, 420.46 high and scope is for a deeper short-term pullback towards 391.55, the Aug 12 low. For bulls, initial firm resistance is at 404.43, the 50-day EMA. .
  • The EURPLN outlook appears bearish. The cross breached support at 4.6528 in December, the Aug 15 low. This break confirmed the end of a period of consolidation and highlights a resumption of the downtrend. This has opened 4.6262 next, the Jun 21 low, ahead of the 4.6000 handle. Most recently, the cross has recovered from its lows but remains below resistance and short-term gains are considered corrective. Resistance to watch is 4.7220, the Dec 6 high. A break of this hurdle is required to suggest potential for a stronger recovery.