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CAD consolidated post BoC hike........>

DOLLAR-CANADA
DOLLAR-CANADA: CAD consolidated post BoC hike gains to print C$1.3065, its best
levels against the USD in three weeks. With market chatter widely expecting a
dovish hike, BoC surprised highlighting that higher interest rates will be
warranted to keep inflation near target. The bank did however remain cautious
over trade. Rate drifts to C$1.3090 at typing. Near-term support is seen at
C$1.3058/53 (38.2% C$1.2528-1.3386/Dly bull channel base off Apr low). EURCAD
eased to C$1.5339, the 200-dma resides at C$1.5307. CADJPY touched Y85.15 but
has since dipped back under Y85.00.

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