DALY SEES 'NO URGENCY TO ADJUST THE POLICY RATE'

MNI BRIEF: Fed’s Collins Sees Rate Cuts Later Than Had Thought

MNI BRIEF: China March M2 Slows More Than Expected

MNI BRIEF: China Tightens Stock Market Supervision

MNI BRIEF: China Mar Exports Jump On Demand; Imports Improve

MNI: PBOC Sets Yuan Parity Lower At 7.0967 Fri; -4.87% Y/Y

MNI: BAKER HUGHES US RIG COUNT 617; OIL RIGS 506; GAS RIGS 109

March Home Sales Jumped At End Of Month

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

The dollar remained little unchanged..........>

FOREX
FOREX: The dollar remained little unchanged through the European morning
session, remaining under pressure across the board. The arrival of NY was muted
to start be fore a fresh wave of dollar sales across the board. This move was
led by surging gold prices.
-Aussie: Persistent demand via the crosses squeeze to $0.7643 just ahead of NY.
As NY entered the fray the rate squeezed to fresh highs of $0.7645 before fading
towards $0.7620.
- The Aussie comes under pressure via aud/jpy as the market starts to see risk
off sentiment, following concerns over a NK missile test. The pair dropped back
towards $0.7605.
-Yen: A sharp drop in the pair as reports came out that "Japan gets a signal
that's seen N.Korea missile launch prep". The pair dropped from Y111.15 to fresh
session lows of Y110.84.
- Hawkish comments by the FED's Kaplin witnessed the dollar jump back towards
Y111.05.
Energy BulletsCommodities
Energy BulletsCommodities

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.