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USD/CAD deals at C$1.3302 at..........>

DOLLAR-CANADA
DOLLAR-CANADA: USD/CAD deals at C$1.3302 at writing, sticking to a tight range
after yesterday's rally on the back of plummeting oil prices & Sr Depty Gov
Wilkins suggesting the BoC plans to reassess its MonPol frameworks in the face
of lower neutral rates globally & the worrying prospect of the central bank
"running out of conventional firepower in the event of an economic downturn." 
- WTI has edged higher overnight, adding ~$0.80, giving some respite to CAD. 
- Bulls continue to eye Tuesday's highs of C$1.3318 and a break above would give
a green light to challenging the Oct 1 channel top at C$1.3362. Meanwhile,
immediate support is located at C$1.3300, which the rate briefly broke below in
today's Asia-Pac dealing. A clean move through this level would open up the
21-DMA/Tuesday's intraday low at C$1.3161/56. 
- Canadian focus this week falls on domestic CPI & retail sales figures due
Friday.

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