Free Trial

EMFX trading mixed so far..........>

EMERGING MARKETS
EMERGING MARKETS: EMFX trading mixed so far Monday, with TRY, ARS and ZAR weaker
against the greenback, but RUB, BRL and MXN slightly stronger. As has been the
case over the past three sessions, the DXY remains pinned between the 50- and
100-dma, with the latest slip lower in the dollar favouring a break and close
below the 100-dma at 94.509. Trade sentiment still critical to EMFX going
forward, with the latest reports over the weekend suggesting that Trump is set
to hit Chinese imports with a further 10% tariff on trade totalling as much as
$200bln. 

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.