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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: PBOC Net Drains CNY216 Bln via OMO Monday
MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29
(U18) 122.23-122.31 Break Would Allow....>
GILT TECHS: (U18) 122.23-122.31 Break Would Allow Better Correction
*RES 4: 123.52 May 31 high
*RES 3: 123.00 Hourly recovery high Jun 1
*RES 2: 122.51/60 Jun 8 high, initial low Jun 5
*RES 1: 122.23/31 76.4% of 122.51-121.33, hourly highs Jun 8
*PRICE: 122.10 @0752GMT
*SUP 1: 121.73/79 Jun 13 low, hourly support
*SUP 2: 121.55 Hourly congestion Jun 12
*SUP 3: 121.33 Jun 12 low
*SUP 4: 121.16 76.4% Fibo of 120.01-124.67
*COMMENTARY* The former 121.51 low has come under assault this week, a low of
121.33 so far, this the protection against a further 121.16-121.01 fall, where
two 76.4% Fibo retrace levels reside, just above the lower 1% volatility band at
120.91 today. As a result, has become oversold in the near term, the break above
121.92-121.96, allowing some respite, 122.23-122.31 now the bar to a higher
correction of losses from 124.67.
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.