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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 sees session lows of 1.3523 (-0.7%), with an even stronger rise in WTI of 3.5% helping limit some of the earlier underperformance to other majors (but with EURCAD still +1.0%, 50 pips off session highs since late June).
- Prior clearance of 1.3560 (Sep 26 low) when S&P E-minis first cleared 3800 has opened next support at the 20-day EMA of 1.3443 in a further extension of the short-term reversal for USDCAD.
- US ISM services and ADP come into focus tomorrow
USDCAD (white) and EURCAD (yellow)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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