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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 AccessWestpac note that "the Australian dollar is...>
FOREX: Westpac note that "the Australian dollar is roughly in the middle of its
Q2 ranges against sterling. Looking forward, AUD should find support from the
RBA's optimistic outlook and broadly resilient commodity prices. AUD is also
probably already pricing in ongoing US-China trade tensions. But AUD gains
against the pound should be constrained by the BoE's swing back towards planning
a rate rise, at least so long as UK data holds up ahead of the 2 August MPC
meeting. This suggests multi-week trade is constrained inside a rough range of
AUD/GBP GBP0.5450 (GBP/AUD AUD1.83) to GBP0.57/AUD1.75."
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.