USD/CAD last deals at C$1.3285, a.....>

DOLLAR-CANADA: USD/CAD last deals at C$1.3285, a dozen pips lower on the day, as

weekend comments from U.S. President Trump, who said that USD is too strong and

criticised FOMC policy under Powell, continue to weigh on the greenback.

- Worth mentioning on Sunday Huawei CFO Meng, currently detained by Ottawa, sued

Canadian gov't for infringing her constitutional rights, while Canada began

proceedings aiming at her extradition to the U.S.

- The pair rallied 125 pips Friday, as both sides of the pair landed at the

opposite sides of the G10 currency table. CAD cratered after Canadian GDP

significantly missed expectations, with the Q4 annualised measure printing at

+0.4% vs. exp. of +1.0% & the prev. +2.0%. This occurred before broader USD

strength, stemming from higher U.S. Tsy yields, paired with softer WTI prices

lifter USD/CAD even higher towards the end of the day.

- Bears look for a fall below the 100-DMA at C$1.3268, which would allow them to

set their sights on C$1.3220, which represents the 21-DMA. Meanwhile, bulls look

to the 50-DMA at C$1.3297, ahead of the 55-DMA, situated at C$1.3318.