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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 hit new session highs as US equity weakness/risk-off gathered speed, hitting 1.2752 and easily through yesterday's high of 1.2734 in a snap reaction to Donbas shelling.
- It moves closer to key resistance of 1.2797 (Jan 28 high).
- Latest Fedspeak is unlikely a material mover:
- Chicago Fed's Evans, a 2023 voter, noted the need for substantial shift in policy but stuck to his dovish credentials by noting that inflation is mainly due to factors that will correct whilst underlying inflation remains well-anchored.
- NY Fed's Williams added he sees a March hike and balance sheet reduction later this year, with markets reflecting the shift in Fed policy.
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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