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Why MNI
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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 was modestly better bid against....>
FOREX: The dollar was modestly better bid against its peers during the
holiday-thinned Asia-Pacific session. The Antipodeans were the main
underperformers as light profit-taking on US dollar shorts set in ahead of US
ISM manufacturing, construction spending and Fed Minutes, all due for release
later tonight. Aussie-dollar eased from $0.7837 to $0.7805, a slide in gold
(-0.3%) and silver (-0.6%) prices added to the downward pressure. Kiwi-dollar
trekked lower from $0.7109 to $0.7074. Cable opened toward the high seen
yesterday, the move extended to a fresh top of $1.3606 before fading slightly.
Euro-dollar edged lower from $1.2066 to $1.2042. Meanwhile, with Japanese
markets closed for another bank holiday, dollar-yen traded sideways within a
tight Y112.17 to Y112.40 range.
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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.