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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 AccessIt was a fairly quiet affair during the.......>
FOREX: It was a fairly quiet affair during the Asia-Pacific session, the dollar
was mostly unchanged against its peers, but with one small exception.
Aussie-dollar was a mild out-performer, climbing from $0.7947 to $0.7996
underpinned by better-than-expected local data, July building approvals came in
-1.7% m/m against -5.0% m/m expected, also, Q2 construction work was solid,
coming in at +9.3% q/q against MNI's median of +1.0% q/q. Aussie was last at
$0.7990. Dollar-yen trekked higher from Y109.55 to Y109.92, the move was
supported by demand into today's Tokyo-fix. Dollar-yen was last at Y109.72 and
almost unchanged from this morning's open. Kiwi dropped from $0.7265 to $0.7232
following RBNZ's Wheeler, 'a lower kiwi is needed' comment. Kiwi recovered quite
quickly and was last at $0.7263. Meanwhile, Euro-dollar currently trades at
$1.1976 and Cable at $1.2927, after trading in respective ranges of $1.1963 to
$1.1979 and $1.2918 to $1.2929.
To read the full story
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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.