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Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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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 AccessUSD underperformed overnight in a.............>
FOREX: USD underperformed overnight in a carry-over from yesterday's FOMC MonPol
decision & accompanying rhetoric. As a reminder, the Fed stood pat on its policy
settings Weds, removed "further gradual increases" from its forward guidance and
signalled flexibility re: balance sheet normalization (albeit emphasizing that
the fed funds rate is its "primary means" of adjusting MonPol).
- The Antipodeans outperformed modestly, with kiwi benefitting from S&P
affirming New Zealand at AA and lifting its outlook to positive from stable.
Meanwhile, Fitch affirmed New Zealand at AA; outlook stable.
- JPY traded mixed, as it ignored the summary of opinions from the BoJ's Jan
MonPol meeting, which stressed the importance of easy policy amidst
materialising downside risks.
- Reaction to the latest round of official Chinese PMI data was muted, with
USD/CNH failing to break below CNH6.7000.
- Focus today turns to French CPI, Italian, EZ & Canadian GDP, remarks from
BoC's Wilkins, as well as ECB's Coeure, Mersch & Weidmann. The ongoing Sino-U.S.
trade talks will result in U.S. Pres Trump meeting with Chinese VP Liu.
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.