Free Trial

CAD surges, pressuring USD/CAD........>

DOLLAR-CANADA
DOLLAR-CANADA: CAD surges, pressuring USD/CAD through the C$1.33 handle to hit a
fresh session low as markets climb on comments from BoC governor Poloz, who
argued that "we think we have monetary conditions about right", despite comments
from Wilkins earlier in the week suggesting there could be some room to
manoeuvre. USD/CAD hits C$1.3278 on the extended move, with focus now turning to
support at the 200-dma of 1.3277.

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.