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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 AccessUSD/CAD last C$1.3264 after...........>
DOLLAR-CANADA: USD/CAD last C$1.3264 after finishing 19 pips lower Tuesday, with
CAD sitting atop the G10 pile on the back of a jump in oil prices Tuesday (WTI
added ~3.1%), as hopes surrounding Chinese fiscal stimulus, RTRS reports of
renewed oil flows between the U.S. & China, as well as conflict in Libya
underpinned crude.
- Bears look to C$1.3227, where the rate bottomed Tuesday, and a fall below
would open up the 1.0% 10-DMA envelope at C$1.3193. Meanwhile, initial
resistance is located at the Jan 14 high of C$1.3298, just below the
psychological C$1.3300 figure.
- Friday will see the release of Canadian CPI figures.
To read the full story
Sign up now for free trial access to this content.
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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.