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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 US dollar was broadly stronger against....>
FOREX: The US dollar was broadly stronger against its peers during the
Asia-Pacific session, supported by firmer UST yields. Dollar-yen raced higher
from Y113.95 to Y114.73 before fading, demand into today's Tokyo-fix and stops
above the option barrier at Y114.50, added fuel to the dollar surge. Euro-dollar
eased from $1.1620 to $1.1597 before recovering to $1.1624 on Euro-yen demand
and as US rate yields pared some gains. Aussie eased from $0.7661 to $0.7639,
but recovered to $0.7655 on largely cross demand. Kiwi trekked lower from
$0.6921 to $0.6887, RBNZ's Q4 inflation expectations ticked lower from 2.09% to
2.02% and added further downside pressure. Meanwhile, Cable consolidated within
a $1.3059 to $1.3086 range. German Factory Orders and European Markit PMI's
provide the focus for the session ahead.
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.