Free Trial

Switzerland Tapping Oil Product Reserves


Germany Takes 30% Stake in Uniper


Repo Reference Rates

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 Access
DOLLAR-CANADA: TECHS: 100-dma Dictates Play
The pair's clearly formed a base ahead of the 100-dma at 1.2986 having testing
the level several times over the past two sessions (and past month) with
momentum type accounts supporting the break back above 1.30. With spot back
above the 1.3050 pivot area, bulls shift focus to channel resistance before
suggesting a bull flag breakout is in play. Failure to hold 1.30 would put up
trendline support from the Feb lows at risk, with the 100-dma and August lows at
1.2962 the next downside targets.

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.