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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 edges lower to 1.3465 but keeps well within the day’s wide range of 1.3358-1.3544 whilst still consolidating yesterday’s post-FOMC climb, firmly mid-pack on a day of significant moves for crosses.
- Resistance levels have carried limited weight ever since the 1.32 breakout but that latest high of 1.3544 opens 1.3582 (2.00 proj of Aug 25 – Sep7-13 price swing).
- In the event of a reversal of USD strength/equity weakness, initial firm support is seen at 1.3227 (Tuesday’s low).
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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