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USD/CAD trades flat at C$1.3216.......>

DOLLAR-CANADA
DOLLAR-CANADA: USD/CAD trades flat at C$1.3216 after advancing 88 pips
Wednesday, as AUD weakness, triggered by remarks from RBA Gov Lowe re: the Bank
shifting to a more neutral stance, spilled over into the commodity-tied FX
space, before broader USD strength lent further support to the pair. Meanwhile,
CAD failed to benefit from a jump in oil prices, with WTI breaking above
$54/barrel. 
- Worth noting BoC Dep Gov Lane spoke yesterday. For the key takeaways from his
speech, see MNI Main Wire at 13:52 GMT 02/06. 
- Bulls look to the 100-DMA at C$1.3220, which has capped gains thus far, before
shifting focus to the 21-DMA at C$1.3237. Conversely, bears eye the 200-HMA at
C$1.3173 and the next layer of support below is located at the
200-DMA/yesterday's low of C$1.3134/25. 
- Canadian labour mkt data & housing starts both come out Friday.

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