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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
Remains Vulnerable
- RES 4: 1.2976 1.00 proj of the Jun 23 - Jul 19 - 30 price swing
- RES 3: 1.2957 High Dec 21, 2020
- RES 2: 1.2834/ 2949 High Aug 23 / High Aug 20 and the bull trigger
- RES 1: 1.2654/2708 High Aug31 / High Aug 27
- PRICE: 1.2545 @ 06:46 BST Sep 7
- SUP 1: 1.2494 Low Sep 3
- SUP 2: 1.2422 Jul 30 low and a key support
- SUP 3: 1.2303 Low Jul 6
- SUP 4: 1.2253 Low Jun 23
USDCAD traded lower Friday, touching the lowest level since mid-August. This reinforces a bearish theme and recent bearish signals - a shooting star candle on Aug 20 and a strong sell-off and weak close on Aug 23. The pair has traded below its 50-day EMA strengthening the current bearish theme and this opens 1.2422, Jul 30 low and a key support. Key resistance is at 1.2949, Aug 20 high. Initial firm resistance is at 1.2708.
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.