USD/CAD has added 11 pips so far......>

DOLLAR-CANADA: USD/CAD has added 11 pips so far and sits at C$1.3192 amid a

broadly cautious mood inspired by questions surrounding U.S.-China "phase-one"

trade pact.

- This comes after the rate finished 24 pips better off yesterday, supported by

the aforementioned U.S.-China headlines and softer oil prices. WTI lost ground

after the most recent DoE report revealed a significantly larger than expected

build-up in U.S. crude inventories.

- The rate struggles to breach the 100-DMA/50% retracement of the Jul 19 - Sep 3

rally at C$1.3196/99. A push above those levels would open up the 50-DMA at

C$1.3213. Conversely, bears look for a drop under the Oct 11 low of C$1.3171,

which would clear the way to the low of Oct 10 at C$1.3134.

- Canadian labour market report, housing starts and building permits are all due

on Friday. BoC Dep Gov Beaudry speaks on the same day.