Free Trial

FOREX: USD Snaps to New Weekly Lows on Soft CPI Headline

FOREX
  • Greenback snaps lower on the soft CPI headlines, USD/JPY well through weekly lows - however still ~100 pips above pre-NFP levels of Y155.60.
  • GBP/USD now well clear of both June and May highs - pair prints best levels since early March to narrow gap with bull trigger at 1.2894. 

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.