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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 AccessMNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29
MNI BRIEF: Japan Q3 Capex Up Q/Q; GDP Revised Lower
Touched a fresh YTD high of...........>
EURO-STERLING: Touched a fresh YTD high of Gbp0.9249 in early risk averse trade
in Asia Tuesday before it pared those gains through the European morning and
into NY to a low of Gbp0.9156. Rate recovered sharply into the 1600BST fix to
Gbp0.9224 closing the day around Gbp0.9205. Rate touched a low of Gbp0.9199in
early Tokyo Wednesday before it recovered, again meeting decent resistance
around Gbp0.9224 (Gbp0.9227 76.4% Gbp0.9249-0.9156). A break here to expose
Tuesday's high.
- Rate currently seen back within its 1.0% 10-dma envelope, the top of which
currently comes through at Gbp0.9217, though seen struggling to make a clear
move below. The 10-dma currently seen at Gbp0.9126. Topside of the 2.0% envelope
has moved up by time to Gbp0.9309.
- Cross remains in an uptrend, seen needing a move back toward its 10-dma to
relieve upside pressure.
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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.