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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 POLITICAL RISK ANALYSIS - Week Ahead 2-8 December
CHF holds an underlying bullish tone across...>
SWISS: CHF holds an underlying bullish tone across G10, printing multi-months
highs.
- USDCHF touched pullback lows of Chf0.9804, interim support is seen on approach
to Chf0.9800, ahead of the 61.8% retracement of the Jun-Jul rally at Chf0.9793.
- EURCHF breached Chf1.10 for the first time since Jul 20 2017, the break
triggered renewed supply from momentum-type accounts to Chf1.0994. Major support
is at Chf1.0949 which represents the 76.4% retracement of the June 2016 - April
2018 rally.
- CHFNOK breached channel top resistance drawn off the Jun 5 high to Chf8.7728.
The cross looks set to extend its winning run for a seventh consecutive session,
targeting a break of the Jun 5 high at Chf8.8094.
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.