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- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- CreditCredit
Real time insight of credit markets
- Data
- MNI 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
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Free AccessCorrective Cycle Still In Play
- RES 4: 1.2915 High Dec 23
- RES 3: 1.2845/81 High Feb 4 / High Jan 28
- RES 2: 1.2763/42 High Feb 12
- RES 1: 1.2749 High Feb 26
- PRICE: 1.2611 @ 17:34 GMT Mar 2
- SUP 1: 1.2587 Low Feb 26
- SUP 2: 1.2468/51 Low Feb 25 / Low Feb 16, 2018 Low
- SUP 3: 1.2386 2.0% 10-dma envelope
- SUP 4: 1.2276 Trendline Drawn From May 2015 Low
USDCAD maintains a firmer short-term tone following the strong recovery from last week's low of 1.2468 on Feb 25. Price has so far stalled at the 50-day EMA that intersected at 1.2739 Tuesday. A breach of the average would signal scope for stronger gains towards 1.2881, Jan 28 high. On the downside, a move through 1.2468 would resume bearish pressure towards support drawn off the May 2015 low, a trendline that lies at 1.2276 this week.
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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.