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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 continues its post-FOMC volatility, setting an at-the-time session high of 1.3446 after the FOMC announcement, sliding to a low of 1.3358 with the presser and now hitting new session highs of 1.3455.
- It comes as equities/oil move lower again and increasingly negative Can-US yield differentials offer little resistance.
- Earlier clearance of 1.3421 (Sep 30, 2020 high) has opened 1.3462 (1.618 proj of Aug 25–Sep 7–Sep 13 price swing) after which would lie the round 1.35.
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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