Free Trial

Firmer oil prices seen supporting commodity...>

FOREX
FOREX: Firmer oil prices seen supporting commodity based currency pairs at the
NY crossover. Usd/Cad eases to lows of C$1.2666 with next support located at
C$1.2634/32 (Eq fall C$1.3125-1.2815 off $1.2944/200-dma). Aud/Usd prints
$0.7743 and is expected to meet supply ahead of $0.7750. Kiwi lifts to NZ$0.7355
and seen chewing through offers to NZ0.7360, stops are placed behind on a break
of NZ$0.7370. 

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.