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USD/CAD inches back toward the........>

DOLLAR-CANADA
DOLLAR-CANADA: USD/CAD inches back toward the overnight lows, with 1.3481
proving successful support so far. Markets looking past the unchanged rate
decision and instead eyeing the upgrade of growth projections and the adjustment
to market operations: "the Bank is reducing the frequency of its term repo
operations to once per week, and its program to purchase bankers' acceptances to
bi-weekly operations"
- Next levels of support should the overnight low break: 1.3462/61 Low, the Mar
9/200-dma and 1.3380, the Mar 3 low.

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