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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 AccessThe Aussie opened in Asia at $0.7958.........>
AUSSIE: The Aussie opened in Asia at $0.7958 toward the lower side of the
$0.7948 to $0.8035 range witnessed yesterday, where rising UST yields placed the
antipodean on the defensive. RBA's September meeting Minutes (0130GMT) provides
the event risk to the session. In a morning note to clients, CBA say, 'Judging
from Governor Lowe's recent comments, the Minutes will have a special discussion
on the Chinese economy, no doubt including the medium-term problems of China's
high corporate debt'. They add, 'This can temporarily weigh on Aussie'. Hourly
resistance is located at $0.7996, while trend-line support comes in today at
$0.7939. Aussie was last at $0.7960
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.