It was all eyes on NAFTA 2.0 talks....>

DOLLAR-CANADA: It was all eyes on NAFTA 2.0 talks overnight, with a tri-lateral

trade agreement between the U.S., Canada & Mexico now set to be signed off at

the end of November after an agreement was struck late Sunday. The U.S. noted

that steel & aluminium tariffs on Canada are a completely separate matter. While

there are several marginal adjustments that have been made that favour the U.S.

CBC sources noted that "Canada got what it wanted on cultural exemption."

- USD/CAD was lower from the off on weekend reports pointing to the likelihood

of a deal being struck.

- USD/CAD has breached the Sep 20 low & 200-DMA (C$1.2885/69), and last deals

~65 pips softer on the day at C$1.2842, back from the lows of C$1.2814. Bears

are now looking to channel base support (C$1.2792). Bulls need to reclaim the

100-DMA (C$1.3054).

- Highlights on the CA docket this week includes Ivey PMI & trade data.