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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 touches fresh session highs of 1.3455, with CAD outperforming high beta peers as a function of USD strength despite oil prices down some -1.5%.
- Short-term technical conditions remain bullish following the recent clearance of a key resistance at 1.3387 (Jul 7 high) and the pair has made light work of two further levels today at 1.3427 (Jun 7 high) and 1.3441 (61.8% retrace of May 26 – Jul 15 downleg). Next up is 1.3462 (Jun 5 high).
- A return from Civic Holiday sees largest option expiry at 1.3335 ($580m) for today’s NY cut, in a light data docket for both the US and Canada albeit with some Fedspeak coming beforehand.
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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