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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.
FOREX
The greenback catching a bid post-FOMC minutes as the Asia-Pac session wears on, DXY approaching the 2021 high from March 30, last at 93.325.
- As mentioned previously it is hard to identify a fresh cue for the move, though proximity to the FOMC minutes could suggest Asia-Pac participants are looking the Fed's July meeting minutes from a different perspective.
- AUD/USD down 13 pips
- NZD/USD down 32 pips
- USD/JPY up 19 pips
- USD/CNH up 32 pips
- Fig.1: DXY Chart
Source: MNI/Bloomberg
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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