Free Trial
US 10YR FUTURE TECHS

(M2)‌‌ Holding On To This Week’s Gains

US TSY FUTURES

Late June Futures Roll Update

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

USD/CAD last deals virtually unch.....>

DOLLAR-CANADA
DOLLAR-CANADA: USD/CAD last deals virtually unch. at ~C$1.3035.
- NAFTA matters remain front and centre for the pair. On Friday CBC sources
noted that "the U.S. and Mexico may be pushing for an October deadline for a
NAFTA deal, but external political pressure is not a good enough reason, for
Canada to be forced into a fast finish."
- Canadian Foreign Minister Freeland met with the head of the Canadian Dairy
lobby on Friday.
- Reports over the weekend noted that there are no talks scheduled between
Freeland & U.S. TR Lighthizer on Monday. As a reminder last week saw Freeland
stress that more work needs to be done before the two diplomats meet again.
- Last week's hold above C$1.30 keeps the near-term technical outlook neutral
with bears targeting the 200-DMA and channel base support (C$1.2863/46). Bulls
need to recover the 50-DMA (C$1.3081) to return the focus to the upside and keep
the bigger picture positive trend intact.
- The Canadian docket is rear loaded this week, with CPI & retail sales due
Friday.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.