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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.
Real-time Actionable Insight
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
Downside Risk
- RES 4: 0.9220 High Sep 22 and a key near-term resistance
- RES 3: 0.9190 61.8% retracement of the Sep 11 - 28 sell-off
- RES 2: 0.9162 High Oct 7 and the bull trigger
- RES 1: 0.9123 High Oct 8
- PRICE: 0.9090 @ 05:59 BST Oct 9
- SUP 1: 0.9044 Low Sep 29 / Oct 2
- SUP 2: 0.9025 Low Sep 28 and the bear trigger
- SUP 3: 0.9000 Round number support
- SUP 4: 0.8967 76.4% retracement of the Sep 3 - 11 rally
EURGBP failed Wednesday to hold above trendline resistance drawn off the Sep 11 high. This suggests the cross is vulnerable to further weakness and a deeper sell-off would open 0.9044, Oct 2 low. Note, key support lies at 0.9025, Sep 28 low where a break would confirm a resumption of bearish trending conditions. Clearance of the week's high of 0.9162 is required to offset bearish concerns. Initial resistance is at 0.9123.
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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.