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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 AccessNAFTA issues remain front and.........>
DOLLAR-CANADA: NAFTA issues remain front and centre for CAD traders with most
highlighting a low chance of a U.S.-Canada trade deal before the weekend.
Relations between U.S. President Trump & Canadian PM Trudeau appeared frosty on
the sidelines of the latest UN gathering.
- Elsewhere U.S. TR Lighthizer stressed that a number of significant issues
remain in the U.S.-Canada trade talks, and that the steel & aluminium tariff
matters will be dealt with separately from NAFTA discussions.
- USD/CAD last deals at C$1.2950, aided by a run higher in commodity linked FX
on the back of stronger than exp. NZ business confidence data. Bulls look for a
break back above the 50-DMA (C$1.3049). Bears need a break back below C$1.2900.
- Highlights of the Canadian docket during the week include an address from BoC
Gov. Poloz (Thursday) & Jul GDP data (Friday).
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.