Free Trial

CAD continue to slip alongside........>

DOLLAR-CANADA
DOLLAR-CANADA: CAD continue to slip alongside crude oil to turn USD/CAD broadly
flat on the session. The day's (modest) CAD rally saw price action in USD/CAD
bottom out at C$1.3003, well above touted support at the Friday lows of
C$1.2983. Any improvement into positive territory for the pair could see a test
of C$1.3061, the 38.2% Fib retracement level for the C$1.3198-1.2976 move. 

To read the full story

Close

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.