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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 AccessCEMEA FX Rallies as US NFPs Underwhelm
- USD/TRY notches sharply lower following US NFPs, paring the initial post-CPI weakness to return below 8.30, but falling just short of yesterday's swing lows
- USD/ZAR also moved lower following the data and is now holding a fraction below the 100dma and yesterday's swing low
- USD/RUB takes the cue from the weaker USD, moving below yesterday's lows to approach the 75.50 level. Close below 72.655 is a bearish development for the cross opening up the June lows at 71.55
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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.