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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 dollar put in a mixed performance.........>
FOREX: The dollar put in a mixed performance against its peers during the
Asia-Pacific session, after news surfaced that the US tax vote would be delayed
until Friday 11 am ET. After making a marginal new high at Y112.70, dollar-yen
fell back to Y111.32 before stabilising in the Y112.50's. Euro-dollar
consolidated between $1.1887 and $1.1916, close-by option strikes were seen to
contain the range. Kiwi initially fell to new low at $0.6817 following the
release of weaker-than-expected terms of trade data, but then trekked higher to
$0.6841 as US rate yields softened slightly. Aussie held a narrow $0.7552 to
$0.7571 range, traders had little appetite to trade. Meanwhile, the pound eked
out another high against the dollar, the rate rising from $1.3510 to $1.3550
before fading.
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.