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Rate extends the day's downtrend to...>

DOLLAR-CANADA
DOLLAR-CANADA: Rate extends the day's downtrend to touch C$1.2822, bringing the
rate into close proximity to the May23 low at C$1.2813 which provide the initial
support ahead of the 1% volatility band at C$1.2766. The moves comes in spite of
oil prices, which remains weak (WTI down circa 0.5%), masking particularly
weakness in the energy complex while the USD is weakening also.

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