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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 AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
(M0) Rolls to New Highs *RES....>
AUSSIE 3-YEAR TECHS: (M0) Rolls to New Highs
*RES 4: 100.000 - Handle Resistance
*RES 3: 99.805 - 123.6% Fib Projection of February rally
*RES 2: 99.721 - 4.0% Upper Bollinger Band
*RES 1: 99.705 - High Mar 1
*PRICE: 99.620 @ 16:32 GMT Mar 2
*SUP 1: 99.200 - Low Jan 16
*SUP 2: 99.180 - Low Jan 10, 14 and 14 and near-term key support
*SUP 3: 99.085 - Low Jan 3
*SUP 4: 99.055 - Low Dec 31 and primary support
With the roll now largely complete, Aussie 3yr futures hit a new high at 99.705.
Markets are likely to continue to spill higher in this erratic fashion while
newsflow remains so obstructive. This keeps upside targets pointed higher, but
current spot prices look to be running away from themselves for now and as such
prices are likely to moderate here as they sit in overbought conditions, with a
99.355 print needed to moderate the bullish outlook.
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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.