Free Trial

Under renewed pressure

USD

USD stays under pressure, following Warnock's win, and all eyes now on the Ossoff/Perdue, which is a lot closer.

  • Plenty on the calendar for Europe and the US on the data front, and the FOMC minutes.
  • EURUSD cleared up that 1.2310 level and now eye a test towards 1.2353 High Apr 20, 2018
  • A more limited impact for Cable, with the pair up 0.19% at 1.3652.
  • Next resistance here is still at 1.3704 High Jan 4 , where decent selling interest has been noted.
  • AUDUSD resistance comes at 0.7813 High Apr 19, 2018

To read the full story

Close

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.