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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 Access*Dec27 Aussie-dollar open $0.7728,...>
AUSSIE SUMMARY: *Dec27 Aussie-dollar open $0.7728, range $0.7724 to $0.7745
*Aussie opened in Asia toward the middle of yesterday's narrow $0.7713 to
$0.7730, where firmer commodity prices, the CRB index closed in NY up 1.38%, was
seen to underpin the aussie.
*Improving commodity prices continued to underpin the aussie during the Asia
session, Shanghai copper +0.47%, steel rebar +0.40% and Dalian ore up 0.77%.
Aussie climbed steadily from $0.7724 to $0.7747 and remains elevated at $0.7746
heading into the European open
*Yesterday's base at $0.7713 provides support, while resistance is now seen at
$0.7779 (100-dma)
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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.