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Comments from BoC Gov. Poloz re:......>

DOLLAR-CANADA
DOLLAR-CANADA: Comments from BoC Gov. Poloz re: less stimulus needed/rates low
vs. neutral helped USDCAD lower in late NY trade, with the cross currently on
lows ~1.2820.
- It is also worth noting that US Trade Rep. Lighthizer stated that the NAFTA
deal will be on "thin ice", in terms of its passage through US congress, if it
is mnot agreed in the next few weeks.
- The April 30 low is the next level of support (1.2806), followed by 1.2800
with stops touted below.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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