Free Trial

Pare gains in the early European session

USD

Similar price action in FX as we see in early trade in Govies.

  • USD consolidate some of the strength overnight, albeit during a lighter session with Asian holiday in Singapore, India, Indonesia, Malaysia & the Philippines.
  • And further unwind continuation during our European open.
  • USD is now in the red against all G10s,
  • EURUSD look to move back above 1.2100, with small resistance moving down to 1.2117 initially.

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.