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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 BRIEF: NZ Q3 Unemployment Prints At 4.8%
MNI INTERVIEW: US Service Strength To Persist Into 2025-ISM
Eur/Usd: Asia open $1.1859, range......>
EURO SUMMARY: Eur/Usd: Asia open $1.1859, range $1.1852-90. Europe open $1.1882,
range $1.1881-1.1920.
* Sharp pullback from Friday's initial NFP react high of $1.1980 saw rate fall
back to $1.1850.
* Mix of over reaction to August NFP and ECB source comments on delayed taper
talk caused correction.
* Rate closed NY $1.1860, marked up at the Asia open to $1.1982 on react to
weekend N.Korea nuclear test.
* Rate consolidated between $1.1874-90 through the balance of Asia.
* Rate edged to $1.1888 early Europe then spiked on to $1.1904 on S.Korea report
N.Korea preparing missile launch.
* Rate dropped back between $1.1880/1.1900 before it got a late morning lift to
$1.1921
* Move looked driven in part by the upside correction in Eur/Gbp, edged to
Gbp0.9218, off Friday Gbp0.9150 low.
* Eur remained firm late morning, focus on Thursday ECB.
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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.