MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Japan Nov CGPI Rises 3.7% Y/Y, Import Prices Drop

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CAD Outperforming Most With Oil Boost

CANADA
  • USDCAD has seen further gains today, currently trading close to highs of 1.3538. After yesterday’s clearance of the 20-day EMA, next resistance is at 1.3593 (Sep 12 high)/a key 1.3595 (Sep 7 high).
  • CAD nevertheless outperforms most today in a reversal of yesterday’s underperformance, aided by WTI back at $92/bbl, although the subdued lift in the S&P e-mini after yesterday’s slide appears to weigh relative to another oil exporter in NOK which tops the day’s gains.
  • Ahead, Canadian population data are unlikely a market mover but nevertheless important for the labor supply/aggregate demand trade-off, whilst US durable goods land at the same time.
  • There is further reasonable option expiry for today’s NY cut at 1.3500, albeit with a more modest $604m.
Homepagemarkets-real-timeBulletMarketsForeign Exchange Bullets
Homepagemarkets-real-timeBulletMarketsForeign Exchange Bullets

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.