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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: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
USD/CNH's move back above CNH6.7000 after a...>
FOREX: USD/CNH's move back above CNH6.7000 after a brief foray below saw AUD/USD
& NZD/USD off of highs around the release of in-line with exp. Chinese GDP data,
coupled with a softer than expected Chinese industrial production reading. - The
JPY crosses had a couple of notable moves, one in either direction, but lacked
any real conviction against a backdrop of low liquidity owing to the Japanese
national holiday.
- GBP/USD added around 20 pips to trade at $1.3240 last, with resistance noted
at the 76.4% retracement of the move from $1.3285 to $1.3103/July 12 high
($1.3242/45), followed by the 61.8% retracement of the move from $1.3363 to
$1.3103 ($1.3264).
- USD/TRY has failed to test the pair's all time high after Turkey was
downgraded to BB, outlook negative, on Friday.
- U.S. retail sales provides the highlight today, along with the appearance of
the UK's Brexit white paper in the Commons, with some senior eurosceptics
expected to table some amendments.
To read the full story
Sign up now for free trial access to this content.
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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.