06.06.2008 12:33

USD/CAD contained within a range

USD/CAD contained within a tight range of C$1.0163/85, printed earlier high on C$1.0196. Rate currently holds between C$1.0180/85. Offers seen placed to C$1.0200, with stronger interest remaining in place between C$1.0220/25. A break above this level to open a move on toward C$1.0245/50 ahead of C$1.0275/80. Bids remain in place toward C$1.0160, more between C$1.0145/40 with stops below.






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