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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 US OPEN - Trump Warns BRICS Over Moving Away From USD
MNI BRIEF: Japan Q3 GDP To Be Slightly Revised Down
USDMXN Breaks Through 20.55 Support Following US Auction
USDMXN breaking the most recent lows at 20.5516 following the strong 20-yr US auction and subsequent surge higher in US Tsys. A sustained break may target the trendline support at 20.3208, drawn off the Jan 21 low, which matches up closely with the 50-day MA at 20.3055.
- No major domestic data releases should leave the Peso susceptible to broader moves in the dollar as we approach tomorrow's FOMC decision and statement.
Mexico TIIE Swaps:
- 1-yr +2 bps at 4.34%
- 2-yr +3 bps at 4.60%
- 5-yr +3.5 bps at 5.455%
- 10-yr +4 bps at 6.29%
- 32-yr +5 bps at 7.09%
- Latest headline - The United States should respond by Friday to Mexico's request to share doses of AstraZeneca's COVID-19 vaccine it has in stock, Foreign Minister Marcelo Ebrard said on Tuesday.
To read the full story
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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.