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Why MNI
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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 AccessMNI Commodity Weekly: Oil Markets Assess Trump Impact
MNI Gas Weekly: Winter Weather Takes the Driver's Seat
The Yen prints new multi decades lows
- The main Global story in FX is unchanged and is squarely on the Yen, printing new multi decades lows across the Board.
- Since the Aussie was and is the best performer going into the European session, following the Australian Retail Sales beat, AUDJPY has fully cleared the 2007 high of ~107.87, to pierce through the 108.00 figure, to now exchanging hands at 108.04, its highest level since 1991.
- Similar story for the EURJPY, trades at its highest level since the early 90s, and now target a test to the Psychological 174.00 level.
- GBPJPY trades at its highest level since 2008.
- USDJPY continues to trade at its highest level since 1986, and next resistance here comes at 162.21 1.764 proj of the May 3 - 14 - 16 price swing.
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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.