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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 ASIA MARKETS OPEN: Tsy Curves Reverse Course Ahead Wed CPI
MNI ASIA MARKETS ANALYSIS:Waiting For Next Inflation Shoe Drop
Key Inter-Meeting Fed Speak – Dec 2024
US TREASURY AUCTION CALENDAR: Avg 3Y Sale
(M18) Rally Reaches Toward Next 122.33...>
GILT TECHS: (M18) Rally Reaches Toward Next 122.33 Target
*RES 4: 122.94 1% volatility band
*RES 3: 122.69 May 8 high
*RES 2: 122.46/50 76.4% of 122.94-120.89, May 10 high
*RES 1: 122.32/33 May 23 high, 1.618 swing of 121.93-121.28
*PRICE: 122.24 @0735GMT
*SUP 1: 121.91/93 Hourly support, May 21 high
*SUP 2: 121.63/71 Opening gap May 22-May 23
*SUP 3: 120.45/50 Hourly congestion May 22
*SUP 4: 121.27/28 Initial rally high May 18, May 22 low
*COMMENTARY* The recovery continued on Monday, seeing a rise through the May 16
high at 121.74 and a challenge to the slightly higher 121.91-121.93 area. Became
overbought as a result, support from above 121.27 then holding the fall on
Tuesday. Wednesday's fresh move higher has surpassed 122.15-122.16, leaving
122.33 as the next level to watch, before 122.46-122.50. Nearest support now
from that 121.93-121.91, loss would open the way for some correction.
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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.