Free Trial

In the red across the majors

USD
  • USD is on the back foot as Equities recovered yesterday, following reports that the largest US Banks will deposit $30bn into FRC.
  • "JPMorgan Chase, Bank of America, Citigroup and Wells Fargo will each deposit $5bn into First Republic" (FT).
  • The Aussie and the Kiwi are competing for the top spot against the USD in G10s, up 0.82% and 0.81% respectively.
  • AUDUSD tested this week's high, and next resistance is seen towards 0.6748.
  • NZDUSD is still just short of 0.6265, this week's high, printed a 0.6259 high so far.

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.