MNI: PBOC Net Drains CNY98 Bln Via OMO Thurs; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1305 Thurs; -0.79% Y/Y

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1305 THURS VS 7.1312

MNI NBP WATCH: Rates Held As 2024 Outlook Remains Hawkish

MNI BRIEF: ADP's Richardson Sees Pockets of Weakness in US Job Market

Australia May Exports +2.8%; Imports +3.9%

MNI:AUSTRALIA MAY TRADE BALANCE A$+5773

US Treasury Auction Calendar

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Paring overnight gains

USD
  • The Dollar was underpinned overnight, going into the European session, after Equities in Europe gaped lower, although Estoxx (VGH4) is just 1 point short of closing it, up to 4654.
  • This is a big week for Earnings and Tech, Microsoft, Alphabet, Meta, Amazon and Apple are all due to report.
  • The Dollar is now mostly in the red going into the European session, JPY was the overnight leader, on the back of lower US Yields, but AUD and the Kiwi are now the best performers, up 0.32% and 0.31% respectively.
  • Gold also tests its intraday high, as the Dollar falls in the red against G10.
  • Closest Tech is in the AUDUSD, with next resistance at 0.6627 50-day EMA .
  • New Intraday lows for the Dollar against the PLN, CAD, MXN, CHF, SGD. AUD, SEK, JPY, THB on the European Govie open.
HomepageBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.