MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

MNI: SWEDEN NOV UNEMPLOYMENT 7.4%

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

Oil tied FX are the best early performer

FOREX
  • A steady range bound session for FX and the USD, with most of the early action seen on the bounce in Equities, but very little spillovers across assets.
  • Best early performers in G10 against the Greenback are the NOK and CAD.
  • Oil (WTI) pushed higher, and through Monday's high at $86.09, now at $86.18.
  • NOK and CAD are up 0.59% and 0.35% respectively.
  • Support in USDCAD is at 1.2555, but move may be somewhat limited with market participants waiting on the BoC decision.
  • Risk tied FX, Aussie has been supported this morning, on the back of the Risk On in early trade.
  • The Aussie trades in the green against all G10s, beside the Oil linked NOK and CAD..
  • Looking ahead, today sees no tier 1 data, and the only notable release pre Fed, will be the US Wholesale Inventories
  • Earning season continues, which today include AT&T, Boeing, Abbot Labs, Intel, Tesla
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.