Free Trial

The antipodean has continued to press........>

AUSSIE
AUSSIE: The antipodean has continued to press higher following upbeat local data
and has reached a top so far of $0.7640. Sources have noted demand in the
crosses, particularly against sterling. Resistance now lies at $0.7645/50
(Nov27-14 highs).It is worth noting a large option expiry for today at $0.7645
(A$621mn), that may help to contain the near-term range. Aussie was last at
$0.7637.

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.