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USD/CAD last trades at C$1.3117, 7....>

DOLLAR-CANADA
DOLLAR-CANADA: USD/CAD last trades at C$1.3117, 7 pips higher on the day, after
adding 8 pips Monday, tracking broader gyrations in WTI prices. Crude was
pressed below $53.50, as Genscape was said to report a jump in U.S. crude
inventories & Cushing supplies, but halved losses towards the end of the day and
last trades at $54.80, near yesterday's close. 
- Initial bullish attention is drawn to the 200-DMA at C$1.3130 and a break
above would open up C$1.3147, which capped gains Monday, Bears keep an eye on
yesterday's low of C$1.3086, ahead of the YTD low of C$1.3069. 
- Participants look to the remarks from BoC Dep Gov Lane Wednesday & the release
of Canadian labour mkt data Friday.

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