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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 Commodity Weekly: Oil Markets Assess Trump Impact
MNI Gas Weekly: Winter Weather Takes the Driver's Seat
Rate edges lower still to the worst levels...>
AUSSIE: Rate edges lower still to the worst levels of the session as the pair
attempted, but failed, to crack the 200-dma at $0.7290 last week, and now eyes
support from both the 50- and 100-dmas at $0.7169 and $0.7174 respectively. Any
fall through here would open the Jan25 lows at $0.7076 before seeking any
further direction. The Reserve Bank of Australia rate decision becomes the next
point of focus (although retail sales and trade balance figures for December are
also due this evening), where the bank are expected to keep rates unchanged.
There may be further focus on the monetary policy statement from the bank due to
follow on Friday.
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.