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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.
CANADA
- USDCAD sees a slower continuation of yesterday’s climb (CAD towards middle of majors pack on the day), rising to 1.355 vs low 1.36s just before US/Canadian jobs last week.
- Ahead of US CPI, a technical bearish threat is still seen present with support at 1.3388 (Nov 8 low), although a strong figure could easily challenge resistance at the 20-day EMA of 1.3598.
- BoC stepdown to 50bp in Oct still weighs heavily on Can-US yield differentials, with the 2YY at -51bps, 10YY -70bps.
Source: Bloomberg
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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