The Canadian dollar came under........>

DOLLAR-CANADA: The Canadian dollar came under pressure on the back of a report

from the National Post which suggested that Canada has been "rejected" from the

NAFTA talks. The piece noted that "a source said the U.S. side, fuelled in part

by Lighthizer's dislike of Freeland, has decided to not even let Canada back

into the process (NAFTA talks) until it makes a substantive concession."

- USD/CAD hit a high of C$1.3096 on the move, last C$1.3050, with the recovery

likely aided by the G&M's more sanguine take on the matter, noting that the U.S.

& Mexico were entering a rapid track re: NAFTA talks. Resistance is noted at the

aforementioned overnight high, followed by the 50-DMA (C$1.3103), while initial

support through the intraday low is located at yesterday's low (C$1.2995).

- Canadian GDP presents the immediate CAD risk event today.