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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI: PBOC Net Drains CNY345.9 Bln via OMO Friday
MNI: PBOC Sets Yuan Parity Higher At 7.1942 Fri; -1.48% Y/Y
MNI BRIEF: Japan Oct Core CPI Rises 2.3%, Services Rise
(H18) Recovery Falters At Dual 121.44....>
GILT TECHS: (H18) Recovery Falters At Dual 121.44 Resistance
*RES 4: 122.24/25 Feb 6 high, 38.2% Fibo of 125.69-120.13
*RES 3: 121.80/85 Congestion area Feb 6-Feb 7
*RES 2: 121.63/73 Feb 9 high, 76.4% Fibo of 122.23-120.13
*RES 1: 121.44 Feb 16 high, 23.6% Fibo of 125.69-120.13
*PRICE: 120.96 @0908GMT
*SUP 1: 120.80/85 Hourly support
*SUP 2: 120.74 Feb 15 high, now support
*SUP 3: 120.45 Hourly base Feb 15
*SUP 4: 120.13 Feb 15 low
*COMMENTARY* Has continued to find support from above the lower 1% volatility
band throughout this year's fall. This has allowed some recovery from last
Thursday's 120.13 low and the subsequent move back through 121.05 and then
121.33 offers encouragement. That said, the rally has faltered at 121.44, a
23.6% Fibo level and needs a break here and then 121.73, before further recovery
hopes will grow. Support from 120.85-120.74 and more importantly 120.45.
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.