Free Trial

Rate traded with heavy volatility.....>

DOLLAR-CANADA
DOLLAR-CANADA: Rate traded with heavy volatility heading into the decision,
which resumes after BoC hike rates 25bps. USD/CAD now sits just shy of the CAD
1.25 level having broken the handle and printed up at CAD 1.2521 briefly. All
positives within the BoC statement countered by caution and balance, showing BoC
aiming to pull off a 'dovish' hike. Trades CAD 1.2466 last. 

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.