Free Trial

Further slippage in WTI crude.........>

DOLLAR-CANADA
DOLLAR-CANADA: Further slippage in WTI crude futures (now down over 2% and
eyeing $51/bbl) lifts USD/CAD further, with resistance at C$1.33 lying ahead of
the intraday high at C$1.3309. Any recovery through here would expose the 55-dma
at C$1.3334 as well as the NY high from Jan7 at C$1.3364. The Canadian calendar
is particularly light today, with no data due until tomorrow's December CPI
numbers.

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.