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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 AccessOverall a quiet NY session with very little...>
FOREX: Overall a quiet NY session with very little reaction to the release of
better than expected Empire State Manufacturing. Euro/Dollar stayed in a very
tight range of $1.1796-1.1820, however for the majority of the session the rate
bounced between $1.18800/10.
Aussie remained under pressure being led by XAU and oil falling, hovering close
to the intraday low $0.7854 for most of the session.
North Korea came back into focus as IFX reported that "NK would possibly meet US
diplomats in Moscow this week". Dollar yen spiked from Y111.70 to Y112.05 before
CNN reported that "NK reject diplomacy with US for now". The pair dropped
quickly towards Y111.85.
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.