USD/CAD has stuck to a 12 pip range...>

DOLLAR-CANADA: USD/CAD has stuck to a 12 pip range in the Asia-Pac session and

last deals at C$1.3110. 

- Yesterday, the pair fell to session lows at C$1.3071 as BoC Gov Poloz stated

that "every meeting is in play," with a focus on data dependence. 

- The rate recouped its initial decline thereafter, advancing 45 pips and

hitting fresh session highs at C$1.3116. The move came as WTI & Brent both

closed lower after U.S. Pres Trump said sanctions on Iranian crude exports will

be imposed gradually as he doesn't want a spike in oil prices. 

- Initial bullish focus falls on 61.8% fibo at C$1.3124. A break above would

open up Nov 1 high/Oct 31 high at C$1.3169/70. Conversely, bears keep an eye on

the nearby 100-DMA at C$1.3076. 

- The Canadian docket is rather thin this week and includes mid-level data re:

the housing market.