Free Trial

Post-RBA minutes the Aussie has drifted......>

AUSSIE
AUSSIE: Post-RBA minutes the Aussie has drifted higher from around $0.7855 to
$0.7877. Improved risk-sentiment remains the theme with reports that N Korea has
dialled  back its Guam threat and as Trump says he will sign an executive order
on infrastructure spending tomorrow. Hourly resistance between $0.7870-80
continues to hold for now, a break opens $0.7919 (Aug14 high). In option space,
an expiry for today at $0.7900 (A$667mn) may produce some gamma activity. Aussie
was last at $0.7870

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.