Free Trial

BLOCK, Large Jun'23 Buy


BSP Sees Inflation Accelerating to 6.4% in July


Post-PCE React


Extending gains post US PCE

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

*Sep14 Aussie-dollar open $0.7986,...>

AUSSIE SUMMARY: *Sep14 Aussie-dollar open $0.7986, range $0.7974 to $0.8016
*Aussie opened in Asia toward the lower side of yesterday's $0.7971 to $0.8044
range, where increased optimism over US Tax reform lifted both the dollar and
UST yields
*Ahead of local data the Aussie eased lower from $0.7988 to $0.7974
*A stellar local jobs report saw the Aussie vault higher from around $0.7975 to
$0.8016. The number of jobs created rose by 54,200 against MNI's median of
15,000, with full-time jobs surging to 40,100 in August
*Reaction to softer China data saw a knee-jerk move lower from $0.8010 to
$0.7998 and for the balance of the session the Aussie consolidated within
$0.8000-10 range
*Resistance is now seen at $0.8030 (38.2% fib $0.8125-$0.7971), while support
lies at $0.7971/66 (Sep13 low, 50% fib $0.7808-$0.8125)

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.