MNI: PBOC Net Drains CNY216 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1865 Mon; -1.50% Y/Y

MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29

MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

MNI: AUSTRALIA Q3 BIZ INDICATORS INVENTORIES -0.9%

MNI: AUSTRALIA OCT BUILDING APPROVALS +4.2% M/M, +6.1% Y/Y

MNI: AUSTRALIA NOV DWELLING APPROVALS +4.2% M/M

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Market stalls ahead of weekend on mixed.......>

FOREX
FOREX: Market stalls ahead of weekend on mixed global signals
-The greenback finished mixed after suffering broad losses in the first half of
the European trading day. Early AUD outperformance was broadly erased as US
stocks turned lower following a lacklustre assessment of the earnings from JPM,
C and WFC. Despite this, USD/JPY managed to finish in minor positive territory
as JPY crosses were in high demand in the late Asia/early Europe session.
-SEK was the poorest performer for the second consecutive session and continues
to print multi-decade highs against the EUR as the cross continues to confound
market expectations and break higher. Thursday's particularly poor inflation
numbers are clearly continuing to exert pressure.
- AUD/USD failed to hold gains above the 100- and 50-dma as resistance kicked in
ahead of the 2-month falling resistance line (kicking in at the $0.7815/30
area), but the AUD remains the strongest performer among the majors Friday.
-Focus next week turns to the trickle of US earnings, data in the form of US
retail sales, UK inflation, jobs and retail sales numbers and the Bank of Canada
rate decision.
Energy BulletsCommodities
Energy BulletsCommodities

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.