Free Trial

The recovery off NY traded lows.......>

DOLLAR-CANADA
DOLLAR-CANADA: The recovery off NY traded lows (C$1.3170) extends to C$1.3195
with main focus on NAFTA talks which are scheduled to resume today at 1700GMT.
Bulls need to clear the double-top resistance area through C$1.3205/10, before
making any attempts at the 1.618% swing target of C$1.3103-1.2888 (C$1.3236).
EURCAD seen flirting with the 200-dma (C$1.5359), a break opens the Jul25 high
at C$1.5379.

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.