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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.
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Free AccessLarge expiry in USDCAD
- Besides the Yen, on the BoJ hike messaging talks, NOK and CAD are the best performer in G10s versus the Dollar.
- WTI is just off the high, but still eye $83.10 - High Jan 12 next.
- Big focus on USDCAD today, with the pair printing a 1.2454 low yesterday, mainly on the USD weakness, which was also the lowest level since 10th November.
- The pair sees a large amount of Option expiry for today, with 4.84bn between 1.2485/1.2525 which might keep the pair within that range.
- USDCAD: 1.2485 (1.28bn), 1.2500 (1.43bn), 1.2510 (664mln), 1.2525 (1.47bn)
- Yesterday's low in USDNOK comes at 8.6293
To read the full story
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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.