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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
- Continued pricing in of US rate hikes has pushed USDCAD higher, up +0.4% at 1.2787.
- It has cleared two resistance levels so far today and next eyes key resistance of 1.2814 (Jan 6 high).
- No obvious local drivers scheduled today but US data could be influential with the core PCE deflator and the Q4 ECI both at 0830ET.
- Next BoC speak is Dep Gov Gravelle on Wed (Feb 2) with Macklem not speaking until Feb 9.
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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