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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 AccessThe Aussie is edging a bit higher in quiet...>
AUSSIE: The Aussie is edging a bit higher in quiet Asia markets, the rate rising
from $0.7906 to a high so far of $0.7919. Traders make mention of light demand
seen in Aussie-kiwi as the reason for the small upswing, the cross having broken
above resistance at N$1.0758-60 to post a top of N$1.0767. Up shortly, NAB July
business conditions/confidence data (0130GMT) will provide a modest event risk,
conditions last at 15, while confidence was 9. Hourly resistance lies at
$0.7929, a break opens $0.7949 (38.2% $0.8043-0.7891 & yesterday's high). Aussie
was last at $0.7917
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.