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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: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
GBP/USD last trades at $1.3112 after..........>
CABLE: GBP/USD last trades at $1.3112 after dropping a handful of pips
yesterday. Initial support noted at yesterday's low of $1.3098 and a break below
would open up the 200-DMA at $1.3040. Meanwhile, bulls need to retake $1.3160,
where the rate peaked yesterday, before challenging the 100-WMA at $1.3178.
- Thursday's GBP/USD flows centred on month end demand, which drove cable to its
intraday peak, before fading. Also worth noting that Fed SOMA flows potentially
weighed later in the day. There was little in the way of fresh developments on
the Brexit front.
- UK focus today turns to domestic m'fing PMI, as well as Brexit matters.
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.