Free Trial

CNY Fixing Close To Expectations


Holding Lower


Fixed Rate Operation Offer

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
AUSSIE: Thursday saw Westpac note that "our basic inclination remains that risk
appetite will at least become more two-way in coming weeks as awful economic and
earnings data hits in waves around the world. Moreover, loosening of
restrictions will be mostly very tentative and the prospect of second waves of
infections or weak recoveries should undermine equities and in turn, AUD. It is
noteworthy that commodity prices mostly did not share in equities' optimism in
April. We would look to sell into AUD/USD in the high 0.65s, with 0.62-0.63
achievable multi-day/week."
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.