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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 AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Support around the Gbp0.8900 has......>
EURO-STERLING: Support around the Gbp0.8900 has kept the cross buoyed and has
provided a base for the rate to edge up to Gbp0.8960(Thursday high). Rate
drifted off to Gbp0.8937 ahead of the close, settled within a basic Gbp0.8940/50
range through Asia. UK data released through the weak has been seen supporting
of sterling but Brexit concerns continue to provide a stronger counter.
Resistance remains at Gbp0.8960/65 ahead of Gbp0.8980. Support Gbp0.8940/35,
stronger into Gbp0.8900. The technical 10-dma envelope has moved higher, topside
now coming in at Gbp0.9040 (envelope base Gbp0.8861 - 10-dma Gbp0.8950 - top
Gbp0.9040). EU Brexit discussions continue Friday, traders will watch for any
comment from EU Chief Negotiator Barnier, though no press conference planned.
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.