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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 a high of 1.3596, after yesterday’s high of 1.3581 opened next resistance at 1.3665 (Jan 6 high) before pulling back on a recovery in risk sentiment.
- Equities have again slipped today (ESA -0.7%) although US linkages see CAD outperform Antipodeans amidst broad USD strength.
- USDCAD has seen a solid uptrend in recent weeks, more from a hawkish re-pricing of Fed terminal rates post payrolls and CPI, with the impact its had on equity markets, than the BoC's monetary policy stance with its switch to a conditional pause on Jan 25.
- A blank slate for Canada but stacked US docket ahead, starting with Mester (’24 voter) on CNBC at 0800ET before PCE at 0830ET.
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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