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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 has seen a further push higher today to currently top out at 1.3264, pulling away from its foray into oversold territory on a 14-day RSI basis seen since mid-Dec.
- Today’s further uplift is supported by S&P 500 futures under pressure and WTI keeping to yesterday’s losses.
- Resistance is seen at 1.3295 (Dec 25 high) but bears are seen in the driving seat from a technical perspective with support at 1.3177 (Dec 27 low).
- Today sees the MNI Chicago PMI headline an otherwise blank docket for both USD and CAD legs, with the next main CAD event the jobs report on Jan 5.
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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