Fresh wave of dollar demand across the........>

FOREX: Fresh wave of dollar demand across the board seen adding weight to the

majors. EURUSD pares o/n gains to $1.1614 to hold at the base of its narrow

range. Support is noted through to $1.1600. GBPUSD touches pullback lows of

$1.2914, holding above $1.2900 keeps the short-term outlook neutral. AUDUSD

touches fresh multi-year lows of $0.7138, crosses add weight to keep the

downtrend intact. USDCAD extends its recovery off Asia lows of C$1.3114 to

C$1.3138/43 with markets on NAFTA headline watch. EURCAD flirts with the 100-dma

(C$1.5252), last C$1.5270 and will be monitored at the close today. The dollar

index reclaims 95, targeting a hold above the 50-dma at 95.06, while gold

challenges the $1200 area.