CANADA OFFERING ITS POSTAL SERVICE UP TO CAD1B CASH BAILOUT

MNI BRIEF: US Existing Home Sales Rise 2.2% To 4.24M In Dec

MNI: US JAN FLASH MANUF PMI 50.1 (FCST: 49.8); DEC 49.4

MNI China Daily Summary: Friday, January 24

MNI BRIEF: China Electricity Growth Expected At 6% In 2025

MNI:PBOC Net Drains CNY795Bn Via MLF; Injects CNY179Bn Repo

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JAN INDEX 71.1

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

USD Recoups Earlier Losses, Regional Equity Backdrop More Mixed

FOREX

Broader USD sentiment has stabilized as the Asia Pac morning session has unfolded. Overall moves remain modest though. The BBDXY was last near 1242.1, little changed for the session (earlier lows were at 1240.82).

  • Cross asset moves have likely aided the USD at the margins, with US yields holding onto higher levels, led by the front end (2yr around 1.5bps higher, albeit away from best levels). Regional equity sentiment has also turned more mixed, with HK and some China indices struggling for positive territory.
  • AUD and NZD now sit in the red, with NZD slightly underperforming. NZD/USD was last under 0.6100, off around 0.20%. AUD/USD was back near 0.6520. Earlier Q4 data showed a risk of a weaker Q4 AU GDP print, against a current projection of 0.2% q/q (with inventories a drag).
  • USD/JPY has risen, last near 150.20, against earlier lows of 149.84. The stronger than expected Q4 Capex data for Japan hasn't aided yen sentiment to any great extent.
  • The data calendar is light for the rest of the session.
Energy BulletsCommodities
Energy BulletsCommodities

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.