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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 AccessCross saw a low of Gbp0.8897 on.......>
EURO-STERLING: Cross saw a low of Gbp0.8897 on reaction to release of the UK
Employment Report but move was quickly corrected as it bounced back to Gbp0.8934
in early NY. Rate eased off to Gbp0.8907 ahead of the European close, closing
the day around Gbp0.8920. Consolidation in Asia between Gbp0.8911-25, trade in
Europe so far held below Gbp0.8920. UK Inflation at 0830GMT provides domestic
data interest and has the potential to be a market mover. Rate currently holds
below its 10-dma(Gbp0.8939) but would need a break of Gbp0.8880/70 to support a
deeper corrective pullback.
To read the full story
Sign up now for free trial access to this content.
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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.