Free Trial

Dovish RBA Minutes Weigh The release...>

AUSSIE TECHS
AUSSIE TECHS: Dovish RBA Minutes Weigh
The release of dovish RBA minutes pressured AUDUSD and keeps the recent
downtrend intact. Bears need a break of the Feb 12 low at 0.7054 to bring the
0.70 level back into view. Bulls look for a close above the 100-dma at 0.7160 to
build on recent momentum, putting focus back on the 200-dma at 0.7269, a level
not closed above since March.

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.