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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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Free AccessMNI BRIEF: Macron Stresses EU Unity Need Post US Vote
MNI China Daily Summary: Wednesday, Nov 6
MNI: EU To Commit To Industrial Strategy - Draft Report
*Nov6 Euro-dollar open $1.1609,........>
EURO SUMMARY: *Nov6 Euro-dollar open $1.1609, range $1.1597 to $1.1624
*Euro-dollar opened in Asia toward the lower side of Friday's $1.1599 to $1.1690
range, where after a choppy session the greenback closed on a firm footing
supported by upbeat ISM non-manufacturing data and Factory Orders.
*US dollar strength amid higher US rate yields pushed the Euro down from $1.1620
to $1.1597. Cross related demand, primarily against Yen lent support and as UST
yields pared some gains, Euro-dollar edged higher to $1.1624
*For the balance of the session consolidation was the theme, Euro held a
$1.1610-18 range
*Close-by option expiries for today include; $1.1600(E593mn), $1.1670-75(E707mn)
and $1.1690-00(E636mn)
*Support lies at $1.1594/97 (Oct30 low-Intraday low Asia), while resistance is
noted at $1.1532 (38.2% fib on $1.1690-$1.1597 decline).
*German Factory orders and European Markit PMI's provide the even risks for the
session ahead
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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.