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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 AccessFOREX: USD/JPY Looks to Close NFP Gap on Extended Data Reaction
- The greenback's data-driven surge pressures the major pairs to new daily lows, with JPY and CHF now the hardest hit on an intraday basis. USD/JPY's rally puts the pair further toward closing the gap with the NFP-inspired sell-off from August 2nd, and a close above Y149.00 would be a firm contributor to the move.
- With OIS markets now pricing less than 100bps of Fed easing in 2024, the USD Index has recovered strongly off yesterday's lows, with the 103.00 handle now in contention, which may mark a near-term in EUR/USD at yesterday's 1.1047.
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.