USD/CAD trades at C$1.3102 at.........>

DOLLAR-CANADA: USD/CAD trades at C$1.3102 at writing, ~15 pips higher on the

day. 

- The rate rallied Friday on the back of strong U.S./weak Canadian labour mkt

data releases, reaching session highs at C$1.3119 (Canada's wage data was

notably weaker than exp.), however, the upside move was capped as Moody's

affirmed Canada's AAA credit rating and maintained its stable outlook after

hours. 

- As USD/CAD continues to trade around the broken trendline

resistance-turned-support at C$1.3105, bears seek a close below to shift focus

back to the downside and target the 100-DMA at C$1.3077. Conversely, bulls will

seek a close above the key C$1.3105 level before challenging Nov 1/Oct 31 high

at C$1.3169/70. 

- The Canadian docket is quite thin this week; mid-level data releases include

housing starts, building permits & new housing price index. Elsewhere, BoC's Gov

Poloz is due to speak today.