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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 AccessThe earlier release of the BoC........>
DOLLAR-CANADA: The earlier release of the BoC Summer 2019 Business Outlook
Survey which pointed to a slight improvement in business sentiment, further
cemented CAD strength. USDCAD extended to fresh year-to-date lows of C$1.3060,
before profit take demand cushioned falls. YTD CAD sits top of G10 with gains of
over 4% against the dollar. The Nov 7 2018 low & 38.2% retracement of
C$1.2062-1.3665 provide the next support area at C$1.3056/53. USDCAD last
C$1.3072.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.