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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 post election corrective..........>
EURO-STERLING: The post election corrective pullback in sterling had taken the
cross from probing the base of its 2.0% 10-dma envelope(Gbp0.8276) to challenge
the topside of its 1.0% 10-dma envelope(Gbp0.8517) Wednesday. Rate usually
doesn't like to stray too far outside of its 1.0% envelope, the failure to break
outside has seen it ease to Gbp0.8482. Topside of the envelope by time has moved
to Gbp0.8518, with the 10-dma, which could now beckon, edging to Gbp0.8434.
- Focus to day on UK Retail Sales and the BOE MPC monetary policy announcement.
Politics remains a key driving force, the Queen's speech will be watched for
Govt policy, especially concerning the UK's withdrawl from the EU(Brexit).
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.