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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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Free AccessMNI: Global Borrowing To Slow On Policy Risk, High Rates- IIF
US$ Credit Supply Pipeline: February Looks to Finish Strong
MNI POLITICAL RISK - Johnson Braces For Uncertain Budget Vote
Comments from RBA board member Harper, who...>
AUSSIE: Comments from RBA board member Harper, who reiterated that he believes
the next move in the cash rate will be up, pointing to a strong budget and
labour market, have allowed AUD/USD to move back to near unchanged levels, last
5 or so pips lower on the day at $0.7160.
- Harper's comments may disappoint those who were looking for a dovish tilt at
the RBA's first MonPol decision of 2019, due next week. AU CPI, due tomorrow,
provides the immediate domestic risk event for the space.
- Rate had earlier printed a low of $0.7138, on the back of a soft NAB business
survey. Bears need a clean break below the 21-DMA at $0.7140 before challenging
the 1.0% 10-DMA envelope at $0.7082. Meanwhile, bulls eye the 50-DMA/100-DMA at
$0.7168/70, while the next layer of resistance above is provided by $0.7204,
where the rate peaked yesterday.
To read the full story
Sign up now for free trial access to this content.
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.