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 has seen a lacklustre day today, at ~1.338 edging slightly lower on the day in ranges that aside from Jan 1 equal the joint narrowest in 2023.
- The day’s limited moves have come about from competing drivers: the S&P e-mini sees solid 0.4% gains and there’s a 2bp narrowing in negative Can-US yield differentials, but WTI is under renewed pressure at -1.3%.
- Tomorrow of course sees US CPI, with no meaningful option expiry at nearby strikes at the subsequent NY cut.
- Initial resistance is seen at yesterday’s high of 1.3415 before a firmer 1.3463 (50-day EMA), whilst support is seen at 1.3229 Jan 2 low).
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