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USDCAD has recovered off..............>

DOLLAR-CANADA
DOLLAR-CANADA: USDCAD has recovered off yesterday's pullback lows of C$1.2981 to
briefly make a show above C$1.3000. A reminder of the overnight remarks from
Canadian ForMin Freeland show that she will not return to discussions with U.S.
TR Lighthizer until Canadian & U.S. officials have conducted further work, oil
futures also expected to be monitored today. Uptrend support off the Apr17 low
is seen at C$1.2935, below here sees a bearish reversal form targeting the Aug28
low & 200-dma at C$1.2888/61. Last C$1.3007. CADJPY closed above the 200-dma
(Y85.38) yesterday, targeting a break of Y86.00 and the Aug30 high at Y86.58.   

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