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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 Access*Sep8 Aussie-dollar open $0.8047,....>
AUSSIE SUMMARY: *Sep8 Aussie-dollar open $0.8047, range $0.8043 to $0.8118
*Aussie opened in Asia at the upper side of yesterday's $0.7975 to $0.8049
range, where US dollar weakness was the main theme
* Weaker dollar theme continued in early trade, the Aussie rising from $0.8043
to $0.8068
*Dips were shallow and limited to $0.8050, where aggressive demand reported from
leverage names then pushed the Aussie to $0.8099 before stalling
*The move extended to $0.8116 absorbing domestic supply in the process. Further
corporate supply is reported up to $0.8125
*Dips were held to $0.8097, another push higher was seen shortly after the
European open, the Aussie making a new high at $0.8118
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.