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DOLLAR-CANADA: Modest CAD strength apparent in early Asia-Pacific trade after
BBG reported comments from Mexican EconMin Guajardo who stated that USMCA is to
be signed on Nov. 30.
- This comes after RTRS sources suggested that Canada is at odds with U.S.
changes to the text of the trade deal in the NY afternoon on Thursday.
- The RTRS sources piece saw USD/CAD top out at C$1.3183, before it closed
around C$1.3155, last C$1.3148. Yesterday's high now marks the initial
resistance level, with the upper Bollinger band located at just above at
C$1.3184. Initial support is noted at Thursday's intraday low C$1.3088.