Free Trial

The DXY break of 93 with added........>

DOLLAR-CANADA
DOLLAR-CANADA: The DXY break of 93 with added support from the US 10y provided
fresh USD appetite, USDCAD accelerated on the move to extended session highs of
C$1.2848 and holds firm. Next resistance seen at C$1.2862/64 May10 high, Cloud
top/50% C$1.2998-1.2730. Focus turns toward the end of the week with the NAFTA
deadline set on Thursday, CPI & Retail Sales scheduled on Friday.   

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.