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USD/CAD last C$1.3216, virtually......>

DOLLAR-CANADA
DOLLAR-CANADA: USD/CAD last C$1.3216, virtually unch. on the day, after slumping
132 pips Friday, with the move mostly driven by broader USD weakness, largely
based on a Fed Balance sheet report circulated by the WSJ. 
- Worth mentioning China has arrested yet another Canadian citizen, charging him
with fraud & forging documents. This occurred after PM Trudeau asked Ottawa's
ambassador to Beijing McCallum to submit his resignation, after McCallum said on
Friday that Huawei CFO Meng's case for escaping extradition to the U.S. is
strong, adding uncertainty to already strained Sino-Canadian relations. 
- Bears need a break below the 100-DMA at C$1.3206, which would allow them to
regain control & target the YTD low of C$1.3180. Conversely, bulls look to the
nearby cloud base at C$1.3224 before attempting a run at the 21-DMA at C$1.3339.
- Domestic GDP due Thursday headlines this week's Canadian docket, while m'fing
PMI due Friday will also be of interest. Elsewhere, BoC Dep Gov Wilkins speaks
Thursday.

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