Free Trial

EURUSD dips towards parity

USD
  • As Equities falls, USD sees further buying interest, making session high against the EUR, JPY (helped by higher Yields), CAD, CNH, AUD, NZD, NOK.
  • Initial trigger for Equities and Govies lower was the big beat for the German PPI on the open, followed by the 100bps hike by the Riksbank.
  • EURUSD looks to break back below parity.

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.