Free Trial

Weaker local CPI data continues to weigh.....>

AUSSIE: Weaker local CPI data continues to weigh on the Aussie, the rate has
pushed through key-support at $0.7727 to post a 14 week low of $0.7722, with
traders noting decent cross flows going through their books. Support is expected
near to the 200-dma, currently at $0.7694. Aussie was last at $0.7724

To read the full story



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.