Free Trial

Small push lower in USD

USD
  • Broader base selling In USD, as cash Equities opens in positive territory.
  • Govies are also moving to pre US CPI levels (lower yields)
  • EURUSD next resistance is at 1.1587 High Oct 11
  • AUDUSD is seen further out at 0.7385 High Oct 12
  • USDNOK is just a few pips off the low, after testing the October low noted earlier at 8.5085 (printed 8.5090 low).
  • A clear break through the latter opens to the June low at 8.4517

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.