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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 JPY moved off of worst levels to trade....>
FOREX: The JPY moved off of worst levels to trade higher stronger vs. USD & EUR
& as a well trodden political scandal in Japan garnered more traction as fresh
details came to light over the w/end & could undermine PM Abe & FinMin Aso
moving forwards.
- NZD has outperformed its major counterparts in early dealing this week, with
NZDUSD consolidating above 0.7300, after rumoured demand from leveraged &
offshore macro funds. This allowed AUDNZD to move lower, last trading around
1.0750.
- AUD garnered demand in early dealing as the Australia gained exemption from
the US tariffs supported the currency. A soft start to the week for Chinese
commodities, including iron ore, has kept a lid on the AUD in the second half of
the session.
- CHF, GBP & EUR all managed to post modest gains vs. USD.
- Early focus this week will fall on US Tsy supply & Tuesday's US CPI release.
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.