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China Repo Rates Diverge On Friday

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MNI (London)
DOLLAR-CANADA: Earlier move up through C$1.3100 said to have triggered some
short entry interests, with these positions having stops at C$1.3130, some on
break of C$1.3150. Rate touched a high of C$1.3123, currently back at C$1.3097.
Canadian Jobs Report at 1230GMT and some hoping to see a dip to C$1.3060/40 to
cover back and if area holds then suggest a recovery extension toward C$1.3160.
Market median for Canadian Employment +17k, with Unemployment Rate expected to
ease to 5.9% from 6.0% last.  
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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