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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 mixed ahead of NY - Improved risk.........>
FOREX: USD mixed ahead of NY
- Improved risk appetite spilled over into Europe with major FX ccy pairs held
to narrow ranges ahead of key central bank meetings from the BoE, ECB & CRBT.
- AUD remains top of G10(+0.29%) following the much stronger-than-expected AU
labour market report overnight. AUDUSD touched extended react highs of $0.7200.
Improved risk appetite squeezed AUDJPY to Y80.21, AUDNZD extended gains to
NZ$1.0973.
- GBP remains at elevated levels following remarks from Brexit Secretary Raab in
a BBC interview that said 'is stepping up intensity of Brexit negotiations in
weeks ahead and is confident of a good deal.' GBPUSD holds around $1.3040
targeting a break of the Asia high at $1.3054.
- EURUSD failed to build on positive momentum and holds near the base of its
narrow 30 pip range, last $1.1612.
- CAD holds firm and flirts with C$1.30, despite overnight remarks from Canadian
ForMin Freeland that she will not return to discussions with U.S. TR Lighthizer
until Canadian & U.S. officials have conducted further work.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.