USD/CAD is back to unchanged and......>

DOLLAR-CANADA: USD/CAD is back to unchanged and last deals at C$1.3509 after

operating within a 16 pip range overnight. 

- Oil ticked up but is off of session high and is likely to end this week with

the biggest weekly drop in a month. 

- Overnight news flow brought reports of a former Canadian diplomat Michael

Kovrig, one of the three Canadians detained in China in the aftermath of Huawei

CFO Meng's arrest in Vancouver, being denied lawyer access, which may add some

tension to Canada's relations with its 2nd largest trading partner. 

- Initial resistance noted at yesterday's peak at $1.3530, followed by the

1.618% swing from C$1.3445 to C$1.3254 at C$1.3563. Conversely, bears eye the

yesterday's low of C$1.3447, followed by the Dec 19 low of C$1.3416. 

- Canadian GDP & retail sales, as well as the BoC biz. outlook survey are in the

spotlight today.