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CAD slips to last place in the G10....>

DOLLAR-CANADA
DOLLAR-CANADA: CAD slips to last place in the G10 leaderboard after a poor start
to the week for GBP and SEK, with USD/CAD eyeing a break above C$1.3052 before a
fresh test can be made on the 100-dma at C$1.3064. CAD follows crude oil prices
lower, which are bucking the trend of the wider commodities complex (industrial,
precious metals all higher) and the generally weaker USD index. A break and
close above the 100-dma would open a move toward the 1.0% 10-dma envelope level
at C$1.3091. 
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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