05.08.2008 17:10

USD/CAD keeps positive mood

Pushes up to trigger the reported barrier at C$1.0430, as these option structures become generally targeted in the thin pre NY open period. If rate can build over this level expected to meet further sell interest placed to C$1.0440 ahead of C$1.0460. Bids C$1.0390/80, more between C$1.0360/50.






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