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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 Credit Weekly: Le Vendredi Noir
MNI: Canada Apr-Sept Budget Deficit Widens On Spending
Fairly muted response in EUR/USD to.....>
EURO-DOLLAR: Fairly muted response in EUR/USD to the US implementation of
increased tariffs on Chinese imports. Rate had recovered off a late NY pullback
low of $1.1210 to $1.1235 in early Asian dealing as markets reacted positively
to comments from US Trump but without the hoped for breakthrough markets braced
themselves for the implementation. JPY saw some inflows, EUR/JPY eased from its
early highs of Y123.62 to Y123.05 as it tracked USD/JPY's easing which left
EUR/USD to only drift back to $1.1224. Talk in Asia of certain central bank
action to protect currencies from the tariff news draws suggestion we may see
some account adjustment sales of EUR/USD in early Europe. Support remains at
$1.1210/00, a break to expose Thursday's low of $1.1174. Resistance $1.1235,
$1.1250/60.
- French and Italian IP data draws interest this morning after this week's
better than expected German IP data.
- ECB speakers include Villeroy 0700GMT, Lautenschlaeger 0730 GMT, Visco at
0930GMT and Coeure 1430GMT.
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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.