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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
- The S&P e-mini pushing to new session lows and through yesterday’s low has outweighed an intraday bounce for WTI, and sees USDCAD resume its push higher for a new high of 1.3875.
- The pair has for now held clearance of key resistance at 1.3862 (Mar 10 high) and opened major resistance at 1.3977 (Oct 13, 2022 high).
- Looking to next week, it's a quiet start before early local attention will be on monthly GDP on Tuesday after the BoC this week noted the economy is soon to be if not already in excess supply. The labour report on Fri follows, bookending the FOMC decision.
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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