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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 AccessOpened in Asia at $1.1595 in the........>
EURO-DOLLAR: Opened in Asia at $1.1595 in the middle of yesterday's rather
narrow $1.1579 to $1.1611 range, where consolidation was the theme. China CPI
and PPI for October are the main event risks for the session, headline inflation
is expected to quicken to 1.8%, from 1.6% prior, while PPI is expected at 6.6%,
down from 6.9% prior. In option space, there is a large expiry today at
$1.1600(E1.43bn), that may act to contain the near-term range, at lease for the
Asia session. Resistance lies at $1.1611-16 (Nov8 and Nov7 highs), while
yesterday's $1.1579 low provides initial support.
To read the full story
Sign up now for free trial access to this content.
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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.