Free Trial

Dollar bid is the main early story

USD
  • Main story this morning has been the continued Dollar bid, and that's despite the Risk On tone, and lower Yields, the latter, driven by the lower German Regional CPIs.
  • The Kiwi is still the worst performer, and NZDUSD now eye next support at 0.6190.
  • The 1.1901 support in Cable has held.
  • EURUSD is still struggling and targets 1.0520 next.

To read the full story

Close

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.