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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 ASIA OPEN: Weak 30Y Reopen, ECB Forward Guidance Weighing
MNI ASIA MARKETS ANALYSIS: Tsys Reverse Early Data Driven Gain
MNI US Inflation Insight: Softer Housing Helps Ensure Dec Cut
EUR/USD recovered to a high of..........>
EURO-DOLLAR: EUR/USD recovered to a high of $1.1026 ahead of Tuesday's close of
$1.1022. Rate continued corrective pullback through a generally slow Asian
session, touched $1.1008, just shy of Tuesday's low of $1.1007. Rate met up
demand into Europe, currently trading around $1.1013. Market awaiting
developments in US/China trade talks, Trump made positive noises last night but
nothing definite has so far hit the screens. Thursday's Thanksgiving holiday
approaching, position adjustments ahead of the holiday and Friday's month-end
seen driving. On this latter note, early model forecasts have suggested USD
sales to be seen, with Friday's fix likely to come in thin conditions which
could boost volatility. French Consumer Sentiment at 0745GMT and Italian
Business and Consumer confidence indexes at 0900GMT provide EZ data interest.
ECB Lane due to speak at 0930GMT. US Weekly Jobless Claims, Durable Goods and US
GDP the attention at 1330GMT. Chicago PMI at 1445GMT.
- Support $1.1010/00, $1.0989, $1.0950. Resistance $1.1025-35.
- Option expiries $1.0985-1.1000(E2.43bln), $1.1035-50(E1.8bln),
$1.1115-35(E3.73bln), $1.1150-60(E1.69bln)
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.