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USD seeming to re-couple with.........>

DOLLAR-CANADA
DOLLAR-CANADA: USD seeming to re-couple with sliding US equities at present,
pressuring USD/CAD to the day's lows. Firming oil prices also helping do their
bit for CAD, with WTI crude oil now up well over 1%. After the highest USD/CAD
print in a year yesterday, it appears the bias is now lower with DXY slightly
softer. Key support kicks in at C$1.3238 Jun18 high, now support and C$1.3219,
the 38.2% fib level for the C$1.2950-1.3386 move.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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