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Rate continues to grind higher, but...>

DOLLAR-CANADA
DOLLAR-CANADA: Rate continues to grind higher, but remains circa 10pips shy of
the session's best levels at C$1.2614. Canada's chief NAFTA negotiator continues
to speak on the newswires, citing the lack of flexibility among US officials.
Next resistance for USD/CAD seen at C$1.2639/58, marking the 61.8% and 76.4% Fib
levels for the C$1.2690-1.2556 move. Above there, the jobs report reaction high
of C$1.2690 could cap price action.

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