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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.
USD
- It's a steady early session for the Dollar, with the Currency mostly flat against all G10s.
- AUD was the small best performer going into the European Govie cash open, and NZD was down 0.20%.
- Post Cash Govie open, AUD has extended its small gains to 0.21%, while the Kiwi has pared some small losses, and is now down 0.11%.
- The rest of the G10 currencies are flat against the Greenback, and given that UK Inflation Data was closer to inline with Consensus, Cable has stuck and is sticking to a tight 25 pips range so far today..
- The street will continue to monitor the Yen, and although USDJPY has so far failed to test the initial area of interest at 158.44, only managing a 158.26 high this week, AUDJPY continues to extend gains this morning, with the next key area coming at 105.433, the 2013 high and the highest printed level since 2007.
Chart source: MNI/Bloomberg.
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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