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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 previously alluded to "risk-off".....>
CHINA YUAN: The previously alluded to "risk-off" factors putting a bid into
USD/CNH this morning (most notably the Sino-U.S. sabre rattling), providing a
brief show above CNH7.1500, last trading a handful of pips shy of that level.
Bulls now look to CNH7.1653, the Mar 19 high.
- This cross is likely to be a yardstick for broader risk in Asia, and the bid
seen since Thursday's close may impact USD/Asia crosses, given its relative
stability in April (which along with Fed measures allowed USD/Asia FX to
stabilise).
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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.