-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMonth-End Fix Confounds
Much expected USD sales to be seen at the month end fix left market wrong footed as USD demand emerged to confound the speculators. EUR/USD, after touching a 2-year+ high of $1.1909 traded heavy in Europe and into the early NY session, taking rate back to $1.1802., with demand emerging ahead of the fix which edged it back to $1.1851. Rate came under pressure through the fix, short term spec longs quickly moving to the exit which added weight to the downside correction, taking rate down to $1.1762 before fresh demand emerged to cushion. Rate has edged back
above $1.1800 into the NY afternoon. Support now seen at $1.1762 ahead of $1.1750($1.1749 76.4% $1.1699-1.1909), stronger into $1.1700. Resistance now seen at $1.1805/20 ahead of $1.1850, $1.1874 ahead of $1.1900/10. Considering the recovery we have seen through April today's correction seen reasonably shallow. Next week brings US ISM and the Emoployment Report.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.