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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 AccessTrades in the red against G10s
- USD is in the red against G10s, with the SEK leading against the Greenback, up 0.40%.
- Equities are off the high, but Emini still trend at highest level since 20th January, with Estoxx (VGM2) now eyeing the March high at 3866.
- USDJPY has fallen close to 200 pips from yesterday high at 125.09 to 123.11 low today, now at 123.46, with market participants favouring fading yesterday at 125.00, after the pair went to highest overbought territory since 2001.
- EUR is seeing small buying versus GBP, CNH, albeit still mixed in G10.
- Worth noting that there is 2.65bn worth of Option expiry at 1.1000 in EURUSD for today, 2.61bn for Tomorrow, and 3.31bn for Thursday
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.