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USD/CAD sits at C$1.3154 at...........>

DOLLAR-CANADA
DOLLAR-CANADA: USD/CAD sits at C$1.3154 at writing, virtually unchanged on the
day, with WTI also trading flat after yesterday's jump.
- A familiar technical picture remains in play, with bears targeting C$1.3120,
which represents the 61.8% retracement of the move from C$1.2783 to C$1.3665. A
breach of that level would open up C$1.3113, where the rate bottomed on Monday.
Conversely, bulls look to the 200-DMA at C$1.3162, ahead of the 200-HMA at
C$1.3191.
- Canadian focus turns to current a/c data due later today & Dec/Q4 GDP due
Friday.

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