The stronger USD theme briefly........>

DOLLAR-CANADA: The stronger USD theme briefly lifted USDCAD above C$1.3100 in

Asia before profit take sales eased to the C$1.3083-88 area to largely sit flat

on the session. Near-term resistance is seen at C$1.3126/34 from the 50 &

55-dma's. Support at C$1.3045 from the 50% retracement level of C$1.2987-1.3103.

Main focus turns to Jackson Hole with headlines expected to dominate. Before

that BoC Governor Poloz is due to appear on CNBC today at 1615ET. Poloz is then

scheduled to speak on Saturday at Jackson Hole as part of a panel. Markets are

expected to focus on any monpol remarks/hints ahead of the September meeting,

especially as officials will enter the black out period next week. TD warn the

BoC Governor may drop a hint of higher rates to come, they also add it makes

more sense for the central bank to hold rates until the October meeting given

Canada's economic backdrop.