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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 AccessImproving risk appetite via JPY crosses....>
STERLING: Improving risk appetite via JPY crosses seen lending support to the
majors in early Europe. GBPJPY improves 40 pips on the session to Y142.90,
targeting a break of the Y143.00 level and yesterday's high (Y143.01). Above
here opens Y143.49/53, the Aug9 high and 50% retracement level of
Y147.15-139.90. GBPUSD benefiting on the move holds near the peak of its
$1.2800-31 range targeting 38.2 % 50% retracement levels at $1.2852/68. EURGBP
gains seen capping GBPUSD topside gains in the short-term with the cross
comfortably holding above Gbp0.90, focusing on a break of Gbp0.9031/33 (Aug9
high/Oct12 2017 high).
To read the full story
Sign up now for free trial access to this content.
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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.