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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: Riksbank Puts Neutral Rate In 1.5 To 3.0% Range
MNI: Japan Govt Keeps Economic Assessment, Ups Imports
EUR/USD last $1.1436 (100-DMA),.........>
EURO-DOLLAR: EUR/USD last $1.1436 (100-DMA), barely changed on the day, after
dropping 18 pips Monday amidst broader USD buoyancy, which offset the impact of
modestly reassuring flash Italian CPI, which saw the headline figure print at
+0.9% Y/Y vs. +0.8% exp.
- Bears look for a breach of the down trendline from Sep 24 at $1.1429 before
shifting focus to the 21-DMA/yesterday's low of $1.1425/24. Meanwhile, bulls
target the Jan 29 high of $1.1450 and the next layer of resistance above is
provided by $1.1466, where the rate peaked yesterday.
- EZ focus turns to final EZ services & composite PMI due later today, as well
as German industrial output & remarks from ECB's Mersch due Thursday. ECB's econ
bulletin & the EU Commission's econ forecasts also come out Thursday.
To read the full story
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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.