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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 POLITICAL RISK - Trump Announces Raft Of Key Nominations
BRIEF: EU-Mercosur Deal In Final Negotiations - EC
Note that the EURSEK trade of the week.....>
EURO-SEK: Note that the EURSEK trade of the week from Citi is similar to our POV
that we published Thursday 09:30GMT last week (see POV: EURSEK DESCENDING
TRIANGLE SUPPORT BROKEN).
- We noted that EURSEK had broken the 200-dma and 10.2855 support levels and
then closed below to confirm a descending triangle breakout.
- The target we are looking for is 10.0340, although there is some strong
support around the June lows at 10.0962 and March lows at 10.0507.
- As we also noted to watch for, the 50-dma has now fallen below the 100-dma.
- For chart see https://tinyurl.com/MNI-EURSEK
To read the full story
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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.