Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
- RES 4: 1.2998 2.0% 10-dma envelope
- RES 3: 1.2957 High Dec 21 and key resistance
- RES 2: 1.2915 High Dec 23
- RES 1: 1.2881 High Jan 28
- PRICE: 1.2831 @ 06:33 GMT Feb 2
- SUP 1: 1.2738 Low Jan 29
- SUP 2: 1.2686 Low Jan 27
- SUP 3: 1.2635 Low Jan 22
- SUP 4: 1.2590 Low Jan 21 and major support
USDCAD maintains a bullish stance and appears set to extend the current corrective recovery following a recent rebound off cycle lows at 1.2590. The recent break of resistance at 1.2799, Jan 18 high and a move through the 50-day EMA signals scope for an extension higher. Prices last week topped resistance at 1.2880, Dec 24 high exposing 1.2957, the Dec 21 high. On the downside, firm near-term support is seen at 1.2686, Jan 27 low.