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Rate re-approaches the day's lows,....>

DOLLAR-CANADA
DOLLAR-CANADA: Rate re-approaches the day's lows, with CAD stronger against all
other G10 FX with the exception of the AUD on firm oil prices. WTI and Brent
crude futures are markedly stronger today, higher by as much as 4.5% and 3.5%
apiece as the positive conclusion of the G20 meeting on trade, Qatar's departure
from OPEC and the renewed Saudi Arabia-Russia oil market management strategy all
support prices today. USD/CAD is on track to test the Nov20 and Nov19 lows at
C$1.3156 and C$1.3142 respectively ahead of touted support at the 1.0% 10-dma
envelope level at C$1.3124.
Markets eye the Bank of Canada rate decision due Wednesday, with markets
expecting no change at 1.75%. 

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