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USD/CAD shed 28 pips overnight and....>

DOLLAR-CANADA
DOLLAR-CANADA: USD/CAD shed 28 pips overnight and last deals at C$1.3327. CAD
found itself well towards the higher end of the G10 leaderboard, as risk
appetite steadied and NZD drew support from NZ CPI data, which provided support
to the broader commodity FX space, although WTI stuck to a tight range & trades
flat at $53, while Sino-Canadian relations remain strained, as the U.S. is set
to proceed with Huawei CFO's extradition. 
- Bears continue to eye C$1.3294, where the rate bottomed yesterday, before
challenging the Jan 21 low of C$1.3252, while bulls look for a break above the
50-DMA at C$1.3361, which would suggest the resumption of an uptrend and shift
the topside focus to the 21-DMA at C$1.3388. 
- Canadian focus today turns to domestic retail sales.

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