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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
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Emerging Markets
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Credit
Real time insight of credit markets
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Data
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Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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About Us
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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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Gains Considered Corrective
- RES 4: 1.3300 High Nov 4
- RES 3: 1.3214 61.8% retracement of the Oct 29 - Nov 9 sell-off
- RES 2: 1.3198 50-day EMA
- RES 1: 1.3178 High Nov 5
- PRICE: 1.3161 @ 06:20 GMT Nov 13
- SUP 1: 1.3056 Low Nov 12
- SUP 2: 1.2929/17 Low Nov 9 / Low Oct 16, 2018
- SUP 3: 1.2853 2.0% 10-dma envelope
- SUP 4: 1.2857 Low Oct 4, 2018
USDCAD has recovered from recent lows. The move higher though is considered a correction. The broader outlook is bearish following the break lower on Nov 9, hitting the lowest level since mid-2018 in the process. Various levels of support, most notably 1.2952, the Dec 2019 low gave way this week. This reinforces the bearish theme and opens 1.2917 and 1.2857, Oct 16 and Oct 4, 2018 lows respectively. Firm resistance is seen at 1.3214.
To read the full story
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Please enter your details below.
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.