Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
- EURHUF found support at yesterday's low. A bullish tone remains intact. The cross has tested a key near-term resistance at 360.02, 61.8% of the Mar - Jun downleg. A clear break would open 360.78, May 4 high and 363.53, the 76.4% retracement. Support is at 354.73, Jul 9 low.
- The recent EURPLN move lower is likely a correction with a bullish outlook intact. The cross has recently breached former resistance at 4.5642, Jun 18 high. This confirmed a resumption of the uptrend that started Jun 7 and opens 4.6000 (tested recently) and 4.6224, 76.4% of the Mar 29 - Jun 7 downleg. Firm support is seen at 4.5309, Jul 15 low.
- USDZAR is holding above support and is firmer today. The outlook remains bullish. The pair recently breached 14.5180, the Jul 2 high confirming a resumption of bullish conditions and attention is on 15.00 and 15.0627, 76.4% of the Mar 8 - Jun 7 sell-off. Key short-term support has been defined at 14.1670, Jul 6 low.
- USDTRY is unchanged and still consolidating. Trend conditions are bullish with the focus on 8.8008, Jun 2 high. A break would open 8.9657, 2.00 projection of the Feb 16 - Mar 9 - Mar 19 price swing. Key support is at 8.2860, Jun 11 low.
- USDRUB short-term trend signals are bullish and the recent pullback is considered corrective. The recent rally resulted in the break of the 50-day EMA and a number of retracement levels. This highlights a bullish theme and opens 75.5628, 61.8% of the Apr 7 - Jun 11 sell-off. The Jul 6 low of 73.1595 marks support.