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Why MNI
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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Cross touched a low of Gbp0.8579......>
EURO-STERLING: Cross touched a low of Gbp0.8579 Monday, finding support ahead of
Thursday's low of Gbp0.8575, before it recovered though seemed to sit
uncomfortably back above Gbp0.08600 into the close. US Trump positive comment on
China-US trade talks provided a Tokyo holiday thinned market with some support
for risk, lifted cable and allowed the cross to slip back under Gbp0.0866, where
it languished through the balance of the session and into Europe. Sterling sales
in Europe popped rate up to Gbp0.8603 but again struggled to hold above the
figure. Support remains between Gbp0.8579/75, a break to open a deeper move
toward Gbp0.8558/57. The base of the 2.0% 10-dma envelope has by time moved down
to Gbp0.8526. Base of the 1.0% envelope currently comes through at Gbp0.8613.
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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.