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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 AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Positive rhetoric surrounding U.S.-China.....>
AUSSIE: Positive rhetoric surrounding U.S.-China trade talks and NAFTA
negotiations supported AUD/USD on Wednesday, as the USD traded on the back foot.
The WSJ headlines noting that the U.S. is proposing a new round of trade talks
w/China provided the cross with the most notable boost on the day, AUD/USD last
deals at $0.7175.
- Bulls will have gained heart as the pair breached double-top resistance
($0.7130/35) but still need a close back above $0.7305/10 to alter the short
term outlook in their favour. The September 07 high ($0.7203) provides the
initial point of resistance. Conversely, bulls target a close below the
September 11 YTD low ($0.7085), to open up a move toward the key $0.7000
psychological level which is reported to hold option-related support.
- The AU labour market report headlines the domestic docket today.
To read the full story
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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.