Free Trial

Major currency pairs improved against the.....>

FOREX
FOREX: Major currency pairs improved against the USD post US CPI and have
largely consolidated gains at the European close. EURUSD holds near the peak of
its $1.1650-93 range, a break and hold above $1.1700 opens $1.1717/22 (61.8%
$1.1758-1.1650/50-dma). GBPUSD sits just off its high, last at $1.3236, whilst
commodity based FX has seen AUD, CAD & NZD register modest gains. No surprise to
see the safe-haven CHF (-0.52%) and JPY (-0.36%) at the bottom of the G10 pile.
EURCHF remains at interesting levels, having earlier broken the 200-dma
(Chf1.1675), markets focus on a close above the 100-dma (Chf1.1712), last
Chf1.1706. Whilst USDCHF comfortably holds above parity at Chf1.0013. 

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.