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USD/CAD last trades at C$1.3110,......>

DOLLAR-CANADA
DOLLAR-CANADA: USD/CAD last trades at C$1.3110, posting a marginal uptick on the
day. 
- Friday saw the pair snap lower as U.S. equity indices edged away from worst
levels & crude prices jumped, after CAD had been the poorest performer in G10 
- In terms of CAD specific risks, Goldman Sachs notes that "CAD faces an upside
risk from a reversal in the widening of the WTI-WCS crude oil spread and the
latest spike in the VIX." 
- Bulls need to close above the 61.8% retracement from June highs to Oct lows at
C$1.3156 to gain momentum and challenge the Sep 11 high at C$1.3175. Bears need
to break below Friday's low of C$1.3069, which would open up the 50-DMA at
C$1.3014. 
- Highlights of the Canadian docket this week include the releases of GDP data
on Wednesday & labour mkt data on Friday.

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