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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 US OPEN - ECB Set to Deliver Third Consecutive Cut
MNI China Daily Summary: Thursday, December 12
USD/CNH reverses earlier gains and.......>
CHINA YUAN: USD/CNH reverses earlier gains and slips into negative territory as
official non-manufacturing PMI prints at 54.1, topping expectations of 53.0 &
the prior reading of 53.5. Manufacturing PMI was in line with estimates, right
at the 50.0 breakeven level.
- Chinese Statistics Bureau highlighted that the survey was conducted before Jan
20 and thus may have not captured the full impact of coronavirus.
- The rate last trades at CNH6.9764, 66 pips lower on the day & struggling to
fall further below the 50-DMA at CNH6.9768. A clean break here would bring the
Jan 29 the Jan 29 low of CNH6.9532 firmly into the focus.
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.