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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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Free AccessUSDCAD Pauses In New Range
- USDCAD has paused around the 1.2815-1.282 mark on a brief hiatus in geopol headlines.
- It has pulled back from fleetingly clearing 1.2843 (76.4% retracement of Dec20-Jan19 sell-off) but remains above the previously seen key short-term resistance of 1.2797 (Jan 28 high).
- Russia headlines will no doubt dominate but there is still upcoming data at 0830ET with the US GDP Q4 2nd release plus the Canadian SEPH employment survey for Dec. The latter comes prior to the pre-Omicron hit so Desjardins will focus on wages and job vacancies.
Source: Bloomberg
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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.