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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday
MNI ASIA MARKETS OPEN: Tsy Curves Reverse Course Ahead Wed CPI
(M1) Corrective Bounce
- RES 4: 134-06+ High Feb 25
- RES 3: 133-23 High Mar 2 and key near-term resistance
- RES 2: 133-00+/06+ High Mar 11 and key resistance / High Mar 4
- RES 1: 132-09 High Mar 17
- PRICE: 131-31 @ 10:56 GMT Mar 23
- SUP 1: 131-00 Low Mar 18 / Round number support
- SUP 2: 130-07 Low Feb 2, 2020 and key support
- SUP 3: 130-02 Lower 3.0% Bollinger Band
- SUP 4: 129-31 Low Jan 24, 2020 (cont)
US 10y futures are fimer today and the contract is extending the recent recovery from last week's 131-00 low. Gains however are considered corrective with attention on resistance at 132-09, Mar 17 high. A breach of this level is required to suggest scope for a stronger climb. On the downside, key support and the bear trigger remains 131-00, Mar 18 low. A break would resume the downtrend and open 130-07, Feb 2 2020 low (cont).
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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.