USD/CAD has slipped 10 pips and.......>

DOLLAR-CANADA: USD/CAD has slipped 10 pips and last deals at C$1.3374.

- On Friday the pair advanced 25 pips, with price action largely driven by the

broader greenback strength. Simultaneous release of Canadian & U.S. labour mkt

data kept the pair buoyant, as the headline U.S. figure topped exp. (even as

breakdown data was mixed), while Canadian change in employment printed at -7.2k

vs. exp. of +6.0k.

- Worth highlighting the political crisis surrounding the SNC-Lavalin affair

continues to unfold, as over the weekend Canada's opposition leader Scheer said

that PM Trudeau had threatened him with a defamation case over his comments re:

the Lavalin scandal.

- Bears look for a fall through the nearby cloud top & 200-HMA at C$1.3367,

which would open up Friday's low of C$1.3349. Meanwhile, bulls look for a lift

through the C$1.3400 mark, which capped gains on Mar 21.

- Canadian housing starts and building permits come out later today.