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EQUITIES

Quick roll update with expiry tomorrow

DOLLAR-CANADA
DOLLAR-CANADA: Having failed to challenge the 100-dma on Friday (C$1.2962),
USDCAD rallied today after Saudi Arabia severed investment ties with Canada. The
rate comfortably holds above C$1.3000 with the double top resistance area at
C$1.3035/40 next focus, a break opens a move toward $1.3090/00 (C$1.3090/96 -
55-dma, Jul31 high). USDCAD last C$1.3028.