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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.
USD
- NOK, AUD, SEK and EUR are still the worst performers versus the USD in G10.
- The Dollar is still king, and in the green against all the majors.
- More interesting chart, besides the EURUSD, USDJPY, is still the USDSEK, after the latter printed another 2 decades high on Friday at 10.6229.
- The high today is 10.6063, and the pair is now off its high.
- These are still some of the highest levels since February 2002.
- Further upside sees 10.7134 (28/02/02 high).
- AUDUSD is down 0.76%, but market participants have been fading off the decent area at 0.6762 of late.
- The pair printed a 0.6764 low on 1st July, 0.6762 on the 5th and 6th July, and 0.6765 on the 7th.
- These were the lowest prints since 1st June 2020.
- AUDUSD has printed a 0.6800 low so far today.
Chart source: MNI/Bloomberg
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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