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USD/CAD last seen at C$1.3441,........>

DOLLAR-CANADA
DOLLAR-CANADA: USD/CAD last seen at C$1.3441, almost unchanged on the day, with
the pair sticking to a 12 pip range overnight. The initial bullish target is
provided by C$1.3457, which capped gains yesterday, ahead of the Jan 4 high of
C$1.3496. Conversely, bears look to the upper Bollinger band (2%) at C$1.3428.
Below here opens the upper 1.0% 10-DMA envelope at C$1.3398.
- BoC Dep Gov Patterson will speak later today, as will PM Trudeau, as he aims
to tackle the political headwinds he is facing, while the Canadian labour mkt
report is due on Friday.

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