Free Trial

In the absence of any economic data or........>

FOREX
FOREX: In the absence of any economic data or other catalysts, FX markets were
largely becalmed and currency pairs traded within tight ranges. Dollar-yen
trekked sideways between Y113.25 and Y113.49, last at Y113.35. Aussie held a
$0.7806 to $0.7825 range. Kiwi-dollar was more volatile, the bird rising first
from $0.6965 to fresh high of $0.7004, but then collapsing to $0.6942 as NZ's
new Government announced plans to reform the Reserve Bank Act. Meanwhile,
Euro-dollar currently trades at $1.1767 and Cable at $1.3222, after trading in
respective ranges of $1.1747 to $1.1770 and $1.3192 to $1.3224.

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.