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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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G10 Markets
G10 Markets
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Emerging Markets
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Data
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Global Macro
Global Macro
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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI POLITICAL RISK - Trump Announces Raft Of Key Nominations
BRIEF: EU-Mercosur Deal In Final Negotiations - EC
CNY weak again, EUR treading water pre-ECB....>
FOREX: CNY weak again, EUR treading water pre-ECB
-CNH slumped further after a particularly poor Wednesday (triggered by an MNI
interview citing an official as saying Chinese authorities are more willing to
allow USD/CNY to slide to 7.00 as soon as the end of this year. USD/CNH rally
topped out at Cnh6.9669, the highest rate since early January 2017.
-NZD is the poorest performer in G10 Thursday, but falls are limited, with price
action among G10 FX far more contained than previous sessions this week. NZD/USD
has sold off for the past four consecutive sessions, with the recent recovery
topping out at $0.6618.
-EUR treads water ahead of the ECB decision and presser later today, but remains
in close proximity to yesterday's lows of $1.1379. Nonetheless, markets keep an
eye not just on Draghi and Co later today, but also US equity performance after
the stark sell-off in US stock markets further dented October performance.
-Outside of the ECB rate decision (1245BST) and press conference (1330BST), US
durable goods orders and weekly jobless claims numbers are due, Fed's Clarida is
due to speak on the economic outlook.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.