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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI POLITICAL RISK - Trump Announces Raft Of Key Nominations
BRIEF: EU-Mercosur Deal In Final Negotiations - EC
USD/CAD advanced a dozen pips.........>
DOLLAR-CANADA: USD/CAD advanced a dozen pips overnight and last deals at
C$1.3320, as WTI extended yesterday's decline amidst worries re: the Sino-U.S.
trade war and health of the global economy/demand for crude.
- Also worth mentioning that Canadian crude's discount to WTI expanded, as
Wednesday's shutdown of two key pipelines has dragged on, amidst the ongoing
investigation into a recent leak in Missouri.
- Bulls look for a break above the 55-DMA/50-DMA at C$1.3348/55, which would
bring the Jan 24 high of C$1.3375 into play. Meanwhile, bears need a fall back
below yesterday's peak at C$1.3317, before attempting a run at the 21-DMA at
C$1.3246.
- Canadian focus today turns to domestic labour mkt data & housing starts
figures.
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.