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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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Free AccessMNI BRIEF: Ontario To Cut U.S. Energy Flows When Tariffs Hit
MNI BRIEF: Aussie Labour Market Tightens, Unemployment At 3.9%
MNI FOMC Hawk-Dove Spectrum
Fresh 2020 Lows Once Again *RES...>
EURO-DOLLAR TECHS: Fresh 2020 Lows Once Again
*RES 4: 1.1189 High Mar 17 and key near-term resistance
*RES 3: 1.1048 Low Mar 16
*RES 2: 1.0981 High Mar 19
*RES 1: 1.0831 Intraday high
*PRICE: 1.0699 @ 16:15 GMT Mar 20
*SUP 1: 1.0653 Intraday low
*SUP 2: 1.0637 Low Apr 18 2017
*SUP 3: 1.0600 Round number support
*SUP 4: 1.0570 Low April 7 2017
EURUSD finished broadly flat but remains bearish following this week's sell-off.
The pair cleared the former 2020 low of 1.0778 , extending (sharply) its sharp
downtrend Thursday to hit 1.0655. The pair has traded lower in the Asia session
too with a low print of 1.0653. With bearish conditions dominating, the focus is
on 1.0637 and more importantly 1.0570, Apr 7 2019 low. Further out, the
multi-year low of 1.0341 is also on the radar. 1.1048 is a firm resistance.
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.