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USD/CAD last trades at C$1.3094.......>

DOLLAR-CANADA
DOLLAR-CANADA: USD/CAD last trades at C$1.3094 with the CAD outperforming all
other majors but JPY, hovering above the session low at C$1.3089, in spite of
broader risk off flows. 
- CAD remains relatively strong despite Canadian Foreign Minister Freeland
remarks during a joint conference with her Mexican counterpart. Freeland
criticised U.S. steel tariffs as "unjustified and illegal" and touched upon the
Khashoggi matters expressing doubts over Saudi explanations, which PM Trudeau
later elaborated on, perhaps pointing to a revisit of Canada-Saudi political
tension. 
- The BoC meeting on Wednesday is expected to result in a 25bp interest rates
hike (~90% probability now priced in), which might be limiting the effect of the
aforementioned factors which would usually weigh on CAD. 
- Bulls eye a close above Friday's high (C$1.3132), while bears need to break
the 50-DMA/61.8% retracement (C$1.3015/13) to regain control.

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