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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 briefly touched a new session high of 1.3535 (+0.4%) along with the push lower in S&P e-mini, but with CAD outperforming Antipodeans.
- It earlier cleared resistance at the 50-day EMA of 1.3526, opening 1.3554 (Apr 10 high) and 1.3582 (50% retrace of Mar 10-Apr 14 bear leg).
- Retail sales headline the local docket, with last month’s advance pencilling in -0.6% M/M in Feb after a strong +1.4% in Jan. CIBC look for a heavier -1.0% M/M but in part on pullback in autos and lower gasoline prices, with core and volumes measures looking a little better. It will be followed by flash US PMIs.
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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