Free Trial

Further broader base buying

USD
  • Further highs for the Dollar against the EUR, GBP, CNY, CNH, SEK, NOK, CAD, INR, MYR.
  • USDCNH is clearing 7.05, and resistance is at 7.1161.
  • EURUSD test immediate support at 1.0805 50.0% retracement of the Mar 15 - Apr 26 bull run, but better is seen at 1.0788 Low Apr 3, so far printed a 1.0808 low.
  • Yesterday's low in Cable is at 1.2422 Low May 17, but better is seen at 1.2407 50-day EMA.

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.