MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI: US NOV IMPORT PRICES +0.1%

MNI: CANADA Q3 INDUSTRIAL CAPACITY UTILIZATION RATE 79.3%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Muted Start, Aussie Jobs Data Due Shortly

FOREX

There has been a muted start across G-10 FX, ranges have been narrow with little follow through on moves.

  • Yen is a touch firmer and is the strongest performer in G-10 this morning. USD/JPY is ~0.1% and has ticked away from the ¥150 handle. Resistance in USD/JPY remains at ¥150.16, Oct 3 high and bull trigger. Support is at the 20-Day EMA (¥148.74).
  • AUD/USD is little changed and a narrow $0.6330/40 rnage is persisting. Technically the trend outlook is bearish, the pair is supported at $0.6286 low from Oct 3. Resistance is at $0.6445, high from Oct 11.
  • Kiwi is also flat and is observing a narrow range, AUD/NZD has ticked away from the 200-Day EMA and is a touch lower.
  • Cross asset wise; US Tsy Yields are a touch firmer, BBDXY is lower. US Equity futures have trimmed some of yesterdays losses.
  • On the wires at the bottom of the hour is the Australia Labour Market Report for September, a 20k rise is expected with the unemployment rate steady at 3.7%
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.