Free Trial

It has been a quiet start to the session,.....>

FOREX
FOREX: It has been a quiet start to the session, with familiar themes in focus.
Participants remain on the lookout for anything that could move the needle in
the trade war area. JPY has landed at the bottom of the G10 basket after a round
of sales into the Tokyo fix. USD/CNH staged an attack on the CNH7.0000 figure,
but failed to make headway below and bounced back above the round figure.
- On the data front, NZ 2-Year Inflation Exp., German ZEW Survey, UK labour mkt
report, Norwegian GDP and Swedish PES unemployment take focus from here. Central
bank speakers' list includes ECB's Coeure, Mersch and Enria, BoC's Dinis and
Fed's Clarida, Harker and Kashkari. Elsewhere, U.S. Pres Trump will deliver his
awaited speech to the Economic Club of New York.

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.