Free Trial
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 touched new session lows of 1.3703 on firmer oil/equities and the USD dipping before quickly ticking higher as volatility remains.
- Prior strength for the pair means it’s only back into yesterday’s range and remains far off support at 1.3560 (Sep 26 low), with potential help in that direction from the week's large narrowing in Can-US yield differentials (2Y diff -36bps from Monday’s close of -51bps).
- However, an earlier high of 1.3832 easily cleared resistance at 1.3822 (2.764 proj of Aug-Sep price swing) and could pave the way higher in the event of more hawkish Fedspeak after large declines in nominal and real Tsy yields alike.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok