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Rate continues to rally, edging.......>

DOLLAR-CANADA
DOLLAR-CANADA: Rate continues to rally, edging closer toward the 100-dma at
C$1.3217 as CAD retreats alongside oil futures and sees some follow through from
the poor AUD performance overnight. Any recovery through the 100-dma will open
the Jan18 low at C$1.3233 ahead of the 61.8% Fib retracement level for the
C$1.3375-1.3069 move and the 1.0% 10-dma envelope at C$1.3322. Ivey PMI data due
later today will be the calendar highlight for CAD, due at 1500GMT.

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