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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
The dollar has shrugged off comments from.....>
FOREX: The dollar has shrugged off comments from Fed Governor Brainard who noted
that gradual US rate hikes are likely appropriate, as her comments suggested
that she holds greater confidence that inflation will rise to the 2% target. Do
note that Brainard is on the dovish end of the scale.
- JPY is still the outperformer on the session thus far, following the Cohn/US
tariff on China headlines, with GBP & EUR also higher vs. the greenback.
- The NZD trades virtually unchanged against the USD while the AUD is lower
ahead of today's GDP data. Earlier comments from RBA Gov Lowe offered little
fresh on the MonPol front as he noted that the next move in rates will likely be
up & reiterated the strapline on growth from yesterday's statement & the RBA's
well known view on the AUD. Lowe did suggest that today's Q4 GDP release may be
softer than the RBA exp. owing to exports.
- The MXN & CAD have also taken a hit on the back of the US /China tariff
rumblings.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.