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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.
FOREX
- Notable Strength in the Swiss Franc throughout Monday’s US session with EURCHF retreating from 1.0206 morning highs and grinding consistently lower to print a fresh month low below 1.0130.
- EURCHF is currently breaching minor Fibonacci support at 1.0124, with most notable support residing at 0.9972, the March lows.
- CHF strength comes amid equity weakness and in stark contrast to the resumption of USDJPY strength above 125.10/28 resistance. Exacerbating this price action was CHF/JPY rising above the mid 2015 highs around 134.50, currently up 1.32%. The next most notable level for the pair up around 139 which represents the SNB peg removal highs.
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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