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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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Free AccessMNI POLITICAL RISK ANALYSIS - Week Ahead 9-15 Dec
MNI US MARKETS ANALYSIS - AUD/JPY Finds Bottom on China News
USD/MYR Prints Fresh YTD High, Exports Fall In August
USD/MYR continues to tick higher in narrow ranges, the pair printed a fresh YTD high yesterday before marginally paring gains. We now sit ~4% above levels seen in early August.
- The pair is a touch below opening levels this morning, last printing at 4.6920/60.
- Bulls target the high from 11 Nov 2022 (4.7025), a break through here opens the high from Nov 4 2022 (4.7495). Bears first target the 20-Day EMA (4.6676).
- Yesterday's August trade data showed that Exports fell by more than expected in the month. The trade surplus was a touch narrower than forecast.
- The next data of note is Friday's August CPI print a rise of 2.0% Y/Y is expected.
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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.