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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 US MARKETS ANALYSIS - Curve Steeper Ahead of JOLTS
MNI US OPEN - Censure Motion Against France Gov't Due Today
USD/CAD has added 11 pips thus far....>
DOLLAR-CANADA: USD/CAD has added 11 pips thus far and last sits at C$1.3313
after adding 6 pips yesterday. An uptick in WTI prices might have capped gains
to a degree.
- Worth mentioning that Tsy Board President Philpott quit PM Trudeau's cabinet
yesterday, citing the SNC-Lavalin scandal as a reason for her resignation, while
the Sino-Canadian relationship continues to be tested by political strains
revolving around Huawei.
- The initial layer of resistance is provided by the nearby 5-DMA at C$1.3316. A
clean break above would open up the Feb 14 high of C$1.3340. On the downside,
focus falls on the 50-DMA at C$1.3292. A breach of that level would bring the
100-DMA at C$1.3272 into play.
- The Canadian docket this week is headlined by the BoC MonPol decision due
Wednesday, while domestic labour mkt data comes out on Friday. Elsewhere, BoC
Dep Gov Patterson will speak on Thursday.
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.