
Option barrier at C$0.9850 triggered as the Canadian dollar boosted by the release of stronger than expected inflation data. Rate trades to a low of C$0.9825, currently holding backa t C$0.9840. If rate can hold below C$0.9850 seen opening a deeper move toward C$0.9810/00. Offers now seen placed at C$0.9870/80, more toward C$0.9900.