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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Tuesday Sees NZD/USD Retreat From Fresh Cycle Highs
NZD/USD briefly showed at its best levels since Mar 2019 in Tuesday's Asia-Pac hours, before pulling back from there and grinding into negative territory, amid broader deterioration in risk appetite. Enthusiasm about research into Covid-19 vaccines from the beginning of the week faded away, with familiar coronavirus concerns taking centre stage. The rate finished a handful pips lower on the day.
- The rate trades flat at $0.6890 as we type. Losses past Nov 13 low of $0.6811 would please bears, clearing the way to the 50-DMA at $0.6682. Conversely, a jump above yesterday's peak at $0.6919 would expose the $0.6939-42 area, which kept a lid on gains in 1Q2019.
- New Zealand's credit card spending comes out on Friday.
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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.