Extended react to Fed Williams........>

DOLLAR-CANADA: Extended react to Fed Williams touched multi-month lows of

C$1.3016 at the Asia crossover, but the move was quickly faded to C$1.3050/55

after release of the NY Fed statement that said the remarks were academic and

not potential policy actions. The Oct 25 2015 low holds key support at C$1.3015,

ahead of the psychological C$1.3000 level. Last C$1.3038.

- CADJPY cleared the 100-dma to Y82.61. Bulls focus on a break of Y83.00, before

challenging key resistance at Y83.20/30 which holds the 200-dma (not closed

above since mid-Dec) and series of previous highs.

- Ahead of today's Canadian Retail Sales, RBC economists expect a 0.3% m/m

increase in nominal retail sales in May (in line with consensus) after a 0.1%

m/m rise in April.