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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 US MARKETS ANALYSIS - CAD Slips as Trump Looks to Tariffs
MNI China Daily Summary: Tuesday, November 26
MNI BRiEF: Riksbank Puts Neutral Rate In 1.5 To 3.0% Range
Cross struggled again to make.........>
EURO-STERLING: Cross struggled again to make progress above Gbp0.8750, the rate
touched a high on Asia of Gbp0.8752 before drifting off to Gbp0.8740 in early
Europe. However, as cable again tracks EUR/USD slippage so the cross edges back
to Gbp0.8745. Support in the cross seen into the early Asian low of Gbp0.8720
ahead of last week's low of Gbp0.8713. Ichimoku cloud base today at Gbp0.8737
whilst the 1.0% envelope (10-dma) base has moved down to Gbp0.8679. If rate can
break above Gbp0.8755 to expose the 10-dma at Gbp0.8767 ahead of the cloud top
at Gbp0.8799. UK CPI Wednesday, UK Retail Sales Thursday and second reading of
Q2 GDP Friday provide data interest for the week. BOE Carney appears before the
TSC Tuesday with speeches due Thursday and Friday. Brexit headlines remain key
drivers for sterling. Next week and month-end approaches with likely EUR/GBP
demand to emerge.
To read the full story
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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.