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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 AccessReports that German Foreign Minister....>
EURO-DOLLAR: Reports that German Foreign Minister Sigmar Gabriel has warned of
minority government has seen the euro under broad-based pressure, the rate
dropping through yesterday's base of $1.1849 and post a low so far of $1.1817.
News also, of the unexpected victory for Catalonia's three pro-independence
parties has added to the negative vibe. Liquidity is said to be poor and may
have exaggerated the move. Support is now seen at $1.1810/04, the area holds 50%
fib retracement on the $1.1718-$1.1902 rise and the 100-dma. Euro-dollar was
last at $1.1835
To read the full story
Sign up now for free trial access to this content.
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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.