USD/CAD last deals at $1.3058,........>

DOLLAR-CANADA: USD/CAD last deals at $1.3058, barely changed on the day.

- An off'l clarification downplaying Fed's William's dovish speech as "academic"

lifted the rate somewhat in Friday's Asia-Pac trade, before pretty disappointing

Canadian retail sales data provided a major boost. Both headline retail sales

and the ex-auto metric declined, with market consensus pointing to an expansion.

The print sent USD/CAD to its intraday high of C$1.3110, but the pair gave away

some ground subsequently. Firmer oil prices owing to tensions re: the Strait of

Hormuz likely applied some weight late doors, while a WSJ piece downplaying exp.

of aggressive easing from the Fed triggered a brief uptick.

- Worth highlighting that before staging a rally the rate touched a fresh YtD

low of C$1.3016 early into Friday's trade. A violation of the Jul 4 low of

C$1.3038 would bring the aforementioned level back into play. Meanwhile, bulls

look for a move through the 21-DMA at $1.3088 before turning focus to the

C$1.3100 mark.

- Canadian economic calendar is rather light this week, wholesale trade sales

data will be published later today.