Free Trial

Greenback taking a knock in early Europe,....>

DOLLAR
DOLLAR: Greenback taking a knock in early Europe, with major pairs continuing to
be led by USD/CNY which holds a break below the Cny 6.80 level. Downward
pressure on the dollar playing out nicely through GBP/USD and EUR/USD which
recover to the best/better levels of the session so far. German IFO numbers due
in around 90 minutes make up the focus of the European morning. 
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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.