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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 BRIEF: RBA Details Hypothetical Monetary Policy Paths
MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday
(U0) Bearish Pressure Dominates
- RES 4: 140-13 Aug 4 / 5 / 6 high and major resistance
- RES 3: 140-01+ 76.4% of the Aug 4 - 13 downleg / 30 High Aug 11
- RES 2: 139-26+ 61.8% of the Aug 4 - 13 downleg / 30 High Aug 11
- RES 1: 139-23+ High Aug 21 and key resistance
- PRICE: 139-02+ @ 16:05 BST Aug 26
- SUP 1: 139-00+ Low Aug 26
- SUP 2: 138-28+ Low Aug 13 and the key support
- SUP 3: 138-23+ Low Jul 2
- SUP 4: 138-07 Low Jun 16
Treasuries remain heavy following this week's sharp sell-off. The contract stalled last week at 139-23+, Aug 21 high. The subsequent sharp sell-off suggests the recovery and corrective bounce between Aug 13 - 21 has run its course. If this is correct, key support at 138-28, Aug 13 low is likely to be tested as a bearish theme starts to again dominate. Clearance of this support would open low 138-00 levels. Resistance is at 139-23+.
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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.