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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 steps higher again with the latest decline in equities with a session high of 1.3122 for a ~150 pip swing since US CPI, 70 pips of which came in the snap reaction to the release.
- It clears 1.3105 (Sep 9 high) to open 1.32 with 1.3209 (Sep 7 high) and the key 1.3224 (Jul 14 high), but that starts to hit levels that some analysts have looked to fade in the recent past.
- CAD’s ties to the US sees continued gains on the day for the loonie against other high beta currencies but AUDCAD for example remains 0.75% off last week’s post-RBA & BoC lows.
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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