Free Trial

In the red against all the majors

  • FX remains subdued since the cash Govie open.
  • The best performer is still the AUD, although the AUDUSD cross still trade close to the lowest level since June 2020.
  • The pair has found a base at the June low that was 0.6764 (1st July low), but did print a 0.6762 low on Tuesday and Yesterday, becoming a good support area.
  • USD is in the red against all the majors, besides the Yen, that trades flat.
  • AUDUSD is now at 0.6814.

To read the full story



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.