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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 MNI FX Technical signal monitors notes....>
FOREX: The MNI FX Technical signal monitors notes CHF outperformance.
- EURCHF breached 1.10 yesterday for the first time since July 2017.
- GBPCHF touched multi-year lows of 1.2225. CHFNOK breached its short-term trend
channel to 8.8130 and is looking to extend its winning run for an eighth
straight session.
- Sterling remains heavy following the flurry of ministerial resignations ahead
of Boris Johnson's perceived disruptive no-deal Brexit. BoE Saunders remarks
that the BoE isn't bound by forecasts implying rate hikes, also struck a more
dovish tone.
- EUR Soft Ahead of ECB. EURJPY is currently displaying a clean sweep of bearish
signals. A downside break of key support and the bear trigger at 120.78 opens a
return to the psychological 120.00 level.
- EURUSD recently charted a bearish engulfing candle with the downtrend
extending to near-two month lows of 1.1176.
https://emedia.marketnews.com/marketnewsintl/MNI_FX_Technical_Signal_Monitor-Jul
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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.