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Monday's break of C$1.2920 provided...>

DOLLAR-CANADA
MNI (London)
DOLLAR-CANADA: Monday's break of C$1.2920 provided the momentum to take rate on
to a high of C$1.3001 before falter. Rate dropped back to C$1.2962 into the
close. The hold above C$1.2920 seen keeping the rate buoyed, having edged higher
through Asia to C$1.2987, Europe extending this slightly to C$1.2990. Support
noted at C$1.2947 ahead of C$1.2925/20, while resistance remains around C$1.3000
ahead of C$1.3015 ahead of C$1.3056/83.  
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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