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Free AccessThe dollar continues defensive allowing.......>
FOREX: The dollar continues defensive allowing both EUR & GBP to break out of
their respective narrow ranges. GBPUSD breaks the previously hard to overcome
$1.3045/50 area and extends the uptrend to $1.3059. The Apr 17 high & 55-dma
provide additional resistance at $1.3067/92 as focus turns to UK mfg PMI at
0830GMT.
- EURUSD squeezes to $1.1226 opening the 21-dma & broken trendline at
$1.1234/50.
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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.