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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 AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Testing Cloud Base Support.........>
DOLLAR-YEN TECHS: Testing Cloud Base Support
Pressure remains toward the downside with USDJPY holding near the lower end of
its recent tight trading range. However, the move lower is not consistent with
momentum indicators, which have remained neutral. Also, the rising 100-dma is
now set to break above the 200-dma to give a medium term positive trend signal.
The Aug 13 low provides initial support at 110.11, below here targets the
109.93/90 area(100 & 200 dma). Bulls need a close above 111.12 for confirmation,
opening descending trendline and daily cloud top resistance at 111.25/27.
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.