Free Trial

Finds Support At The 20-Day EMA


Late Corporate Credit Update


Late Eurodollar/SOFR/Treasury Option Roundup


Bear Flag


BLOCK, 10Y Midcurve Ratio Call Spd

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
EURO-DOLLAR: Opened in Asia at the upper end of yesterday's $1.1730 to $1.1832
range, where softer than expected US inflation data and a perceived dovish Fed
hike, provoked widespread US dollar weakness. Local traders anticipate
consolidation ahead of the European open as Asia investors digest the latest
FOMC statement. In option space, close-by expiries for today at $1.1800(E1.2bn),
$1.1815-20(E1.12bn) and  $1.1860-65(E1.48bn), will likely see the near-term
range contained, at least for Asia. For now, the rally is stalling near the
daily I-cloud top at $1.1830, further resistance is located at $1.1855 (61.8%
fib $1.1940-$1.1718 decline), while support is expected around $1.1780 (Hourly
breakout level). Euro-dollar is currently changing hands at $1.1825.

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.