Free Trial

Little of note seen on the news wires,........>

FOREX
FOREX: Little of note seen on the news wires, apart from a round of U.S. Pres
Trump's comments for RTRS, which saw him offer some sabre-rattling vs. China.
The greenback picked up a modest bid into the Tokyo fix and remains the top G10
performer. The Antipodeans bring up the rear as we type. GBP is also slightly
softer. The Telegraph reported that PM Johnson is set to tell the nation not to
expect any major changes to existing lockdown measures.
- USD/CNH added a handful of pips, hitting a session high as China's M'fing PMI
came in slightly below expectations. Worth reminding that Caixin M'fing PMI is
due later today. The rate has pared gains after a stronger than expected PBoC
fix.
- The ECB delivers its monetary policy decision later today, with Pres Lagarde
due to hold a presser. U.S. jobless claims & Chicago PMI, Canadian GDP, flash
GDP & CPI figures for France, Italy and the EZ, as well as German & Norwegian
jobs data are also due.

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.