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CAD pares overnight gains to make a...>

DOLLAR-CANADA: CAD pares overnight gains to make a show back above C$1.3200,
rate touched extended highs of C$1.3205 before stalling ahead of resistance from
the Sep4 high (C$1.3209). Main highlights today from the BOC's MonPol decision,
with the Bank seen on hold by almost all of those surveyed. Markets have almost
fully priced in a 25bp hike at the Bank's Oct decision, so focus will fall on
the rhetoric employed & the degree of uncertainty caused by the latest round of
NAFTA talks. Canadian trade data hits the wires, NAFTA conversations are also
expected to restart. 

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