Free Trial

The Aussie slightly on the back foot in.......>

FOREX
FOREX: The Aussie slightly on the back foot in early Asia-Pac trade, with little
more to write home so far. G10 trading ranges remain very tight as investors
brace themselves for the announcement of the latest FOMC policy decision,
scheduled for later today.
- Japanese trade deficit was narrower than expected, while New Zealand's BoP
current account deficit roughly met forecasts. No reaction to these releases was
seen in the FX space though.
- On the data front, focus turns to a string of CPI readings from the UK, EZ and
Canada. Fed Chair Powell's presser will likely overshadow comments from ECB's de
Guindos, de Cos and Villeroy, as well as Riksbank's Ingves.

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.