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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 POLITICAL RISK ANALYSIS - Week Ahead 2-8 December
MNI POLITICAL RISK - Trump Targets BRICS w/New Tariff Threat
MNI Gilt Week Ahead: Triple issuance week?
MNI US MARKETS ANALYSIS - French Politics Undermines EUR
Consolidation Range Still Prevails...>
EURO-YEN TECHS: Consolidation Range Still Prevails
*RES 4: Y131.52 1.618 swing of Y130.51-Y128.87
*RES 3: Y131.09 1% volatility band
*RES 2: Y130.62/77 Jul 26, Jul 11 highs
*RES 1: Y130.41 Jul 28 high
*PRICE: Y130.26 @1555GMT
*SUP 1: Y129.55 Jul 27 low
*SUP 2: Y129.25 Jul 25 low
*SUP 3: Y128.87 Jul 24 low
*SUP 4: Y128.49/58 Jul 13, Jul 19 lows
*COMMENTARY* Has settled into a range over the last 3 weeks below the Jul 11
high at Y130.77. The upside will only benefit on a clear break here, with the
upper 1% volatility band then the bar to a greater Y131.52-Y132.18 rise. The
latter the swing target of the Y130.77-Y128.49 fall seen earlier this month. In
the interim, a succession of recent lows currently protect the base of the range
at that Y128.49 level. Loss here would disappoint now.
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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.