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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 China Daily Summary: Tuesday, November 26
MNI BRiEF: Riksbank Puts Neutral Rate In 1.5 To 3.0% Range
Modest downtick, bullish........>
EURO-STERLING TECHS: Modest downtick, bullish trend intact:
*RES 4: 0.9415 High Oct 2016
*RES 3: 0.9307 Aug 29 2017 High
*RES 2: 0.9226 High week ending Sep 8, 2017
*RES 1: 0.9190 High Jul 30
*PRICE: 0.9113 @ 08:40 GMT Aug 01
*SUP 1: 0.9089 Low Jul 31
*SUP 2: 0.9051 High Jul 17 and Monday's bull trigger
*SUP 3: 0.8977 Low Jul 29
*SUP 4: 0.8946 Low Jul 26
EURGBP lost some lustre Wednesday, but the pullback is still far too shallow to
alter the wider technical picture. As such, bulls remain on the front foot, but
this argument would weaken on a fall south of 0.9050. Bulls retain upside
targets at 0.9226 and 0.9307.
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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.