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DOLLAR-CANADA: Rate extends losses below the C$1.31 handle as CAD (and other
energy-tied FX) marches higher alongside WTI and Brent crude futures. Energy
complex rallies as TASS cites sources as saying that Saudi Arabia and Russia are
discussing oil production cuts that could kick in as soon as 2019. USD/CAD now
eyes $1.3072, the 100-dma, which coincides with the Monday low at C$1.3071. The
50/55-dmas may then provide some support at the C$1.3032/27 levels.