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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 UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
DOLLAR-INDEX TECHS: Focus Back On 89.373 *RES....>
US: DOLLAR-INDEX TECHS: Focus Back On 89.373
*RES 4: 90.177 - High Feb 13
*RES 3: 90.013 - Low Feb 8 now resistance
*RES 2: 89.751 - 21-DMA
*RES 1: 89.846 - Hourly resistance Feb 13
*PRICE: 89.507 @ 0330GMT
*SUP 1: 89.373 - Low Feb 6
*SUP 2: 88.925 - Hourly resistance Feb 1 now support
*SUP 3: 88.438 - 2018 Low Jan 25
*SUP 4: 87.627 - Monthly Low Dec 16 2014
*COMMENTARY: The index remains heavy having failed to break above last week's
highs with immediate focus having returned to the 89.373 support. Bears need a
close below this level to reconfirm immediate focus on 2018 lows and then the
weekly bear channel base (87.202). Bulls now need a close above 90.177 to gain
breathing room and above 90.567 to hint at a move to 91.526-751. Correcting
daily studies add weight to the bearish case.
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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.