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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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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
EUR/USD last deals at $1.1369, a........>
EURO-DOLLAR: EUR/USD last deals at $1.1369, a touch higher on the day, after
closing a handful of pips lower on Friday, when the pair peaked above the
$1.1400 mark, lifted by softer than exp. U.S. data, before easing off as USD
strength, stemming from higher U.S. Tsy yields, came to the fore.
- Worth mentioning on Friday Moody's revised Greece's sovereign credit rating to
B1 (outlook stable) from B3 (outlook positive).
- $1.1377, which represents the 100-HMA, draws the initial bullish attention. A
break above that level would open up the 50-DMA & 55-DMA at $1.1388. On the
downside, bears eye the broken up trendline from Jan 3 2017 at $1.1363, which is
followed by the 21-DMA, located at $1.1343.
- On Thursday, the ECB will deliver its latest MonPol decision, which will be
followed by a press conference with ECB President Draghi. Elsewhere, EZ focus
this week turns to Italian GDP (f) due Tuesday, EZ GDP (f) due Thursday and
remarks from ECB's Nowotny due Friday.
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.