Free Trial

BBVA on BanRep’s October Decision


Earlier Bund Trades


Larger FX Option Pipeline


Upside Yr-End, Q3'23 Call Trade

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
DOLLAR-CANADA: USDCAD has breached 1.2900 after the Washington Post ran a story
suggesting that US President Trump is planning to offer Canada & Mexico a
temporary exemption from new tariffs on steel and aluminum imports. The WP noted
that the proposal, which is expected to be unveiled Thursday, would give Canada
and Mexico a 30-day exemption from the tariffs, the officials said. The
exemptions could be extended based on progress in renegotiating the North
American Free Trade Agreement.
- This followed earlier reports suggesting that a tariff carve out was possible
for Canada & Mexico.
- Hourly support for USDCAD sits at 1.2890, followed by $1.2854/62 which
represent the 38.2% Fibo of the 1.2615-1.3002 move and the Mar 6 low

To read the full story

Why Subscribe to

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.