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USD/CAD last sits at C$1.3229 after...>

DOLLAR-CANADA
DOLLAR-CANADA: USD/CAD last sits at C$1.3229 after posting a 75 pip drop
Wednesday on the back of MNI sources suggesting that the Fed could pause its
rate hike cycle as soon as early Spring 2019, which weighed on the USD. 
- Softer than exp. U.S. durable goods figures added to the rate's downside
momentum. 
- Meanwhile, oil advanced with WTI registering >2% gains on the day & moving
away from multi-month lows, marking a respite in crude prices' recent sharp
decline, adding a further layer to the CAD bid. Worth noting that WTI finished
well off highs. 
- Bears eye the psychologically significant C$1.3200 figure before shifting
focus to the 21-DMA at C$1.3166. On the upside, initial resistance is located at
the C$1.3300 figure and a move through that level would open up Wednesday's
intraday high of C$1.3318. 
- Canadian focus this week falls on domestic CPI & retail sales due Friday.

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