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Greenback strength still lifting......>

DOLLAR-CANADA
DOLLAR-CANADA: Greenback strength still lifting CAD at this point and the rate
is well clear of C$1.27 and the 200DMA at C$1.2698. Thursday's high at C$1.2755
provides the immediate resistance and a break above would pave the way for
another test of December highs at C$1.2920 (a level that has successfully held
on four different occasions since October). Latest bout of CAD weakness
triggered by Trump's continued commentary on NAFTA: "US must be smarter on
trade, loses a lot to Canada".
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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