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- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- CreditCredit
Real time insight of credit markets
- Data
- MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
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Free AccessTesting Bear Trigger
- RES 4: 1.2006 High Jun 29 / Jun 17
- RES 3: 1.1948/75 38.2% of the May 25 - Jul 21 sell-off / High Jun 25
- RES 2: 1.1930 High Jun 29
- RES 1: 1.1899 50-day EMA
- PRICE: 1.1762 @ 17:47 BST Aug 08
- SUP 1: 1.1752 Low Jul 21 and the bear trigger
- SUP 2: 1.1738 Low Apr 5
- SUP 3: 1.1704 Low Mar 31 and a key support
- SUP 4: 1.1603 Low Nov 4, 2020
EURUSD finished Friday sharply lower amid broad USD strength. This puts the bear trigger at the July 21 low of 1.1752 under further pressure and will be a focus headed into the new week. For bulls to regain control, markets need to test the 50-day EMA at 1.1899. This average represents a key short-term resistance. A clear break is required to signal scope for a more significant reversal.
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Why MNI
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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.