Free Trial

Soft Australian Trade data with added........>

AUSSIE
AUSSIE: Soft Australian Trade data with added weight from S&P headlines that
said there is more risk to the Australia sovereign rating than in the past,
pressured to overnight lows of $0.7915. It soon emerged this wasn't an official
S&P statement, aussie quickly bounced to hold $0.7935/40 for the balance of the
session. Recovery efforts have so far remained shallow into Europe, aussie eases
to $0.7920 at typing. Expect demand on approach to $0.7900, a break opens
$0.7893 (61.8% $0.7786-0.8066). 

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.