USD/CAD dropped a dozen pips..........>

DOLLAR-CANADA: USD/CAD dropped a dozen pips overnight and last trades at

C$1.3242, which represents its 21-DMA, with USD sitting well towards the lower

end of the G10 currency board, while WTI posted a small uptick. 

- Bears look for a move through the 100-DMA at C$1.3235, which would bring the

200-HMA at C$1.3223 into play. Bulls look to the 100-HMA, which is located at

C$1.3267, and a break above would open up the 38.2% fibo retracement of the move

from C$1.3665 to C$1.3069 at C$1.3297. 

- The Canadian docket during the remainder of this week is dry, m'fing sales &

new housing price data will hit later today.