USD/CAD last deals at C$1.3290,.......>

DOLLAR-CANADA: USD/CAD last deals at C$1.3290, almost 30 pips higher on the day,

amidst renewed USD strength triggered by warmer trade rhetoric out of China and

U.S. equity index futures ticking higher overnight. 

- Meanwhile, oil extended yesterday's losses into the Asia-Pacific session, with

WTI trading at $52.50/barrell at writing. 

- Bulls keep an eye on the Nov 30 high at C$1.3333 and a break above would open

up the Nov 29 high at C$1.3360. On the downside, bears target the Nov 30 low at

C$1.3273 and a fall through that level would shift their focus to the 21-DMA at

C$1.3229. 

- Participants await the BoC's MonPol decision due later today, with markets

expecting no changes to the policy rate. The decision will not be followed by a

press conference or accompanied by the Bank's economic projections, although

Gov. Poloz is due to speak tomorrow. Elsewhere, the domestic labour market

report will be released Friday.