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CAD following oil well in recent......>

DOLLAR-CANADA
DOLLAR-CANADA: CAD following oil well in recent trade, pressing USD/CAD back to
the C$1.3150 mark as markets turn focus to the C$1.3129 Fib support and C$1.3108
below there. GDP data Wednesday should be pivotal for the currency, seen slowing
to 0.1% on the month and 1.3% for the Y/Y figure.
-The option expiry schedule also looks somewhat negative for USD/CAD: there's
around $4.5bln rolling off between C$1.3100-50 between now and Friday's NY cut.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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