Free Trial

Lacking Momentum

FOREX

Major currency pairs hold tight ranges in early Asia-Pac trade as regional headline flow has failed to offer much to write home about. The yen outperforms at the margin, with USD/JPY edging away from new cyclical highs plumbed on Monday.

  • The kiwi dollar has firmed a tad, with participants preparing for Wednesday's monetary policy decision from the RBNZ.
  • On the radar today we have German ZEW Survey and remarks from Fed's Barkin, ECB's Villeroy & BoE's Bailey.

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.