With the March Canadian sitting 150 points above the recent lows into critical data fromboth sides of the border today, one might expect a volatility event of sorts. Clearly the bull camp has benefitedfrom better than expected Canadian building permits readings and that might serve to cushion the Canadianagainst a jobs build of less than 15,000. One has to think that the US Dollar has already priced in a soft USnumber and some of the recent gains in the C$ have probably come from the overt weakness in the Greenback.Therefore we have to think that the path of least resistance in the Canadian might be down early today, but thatsupport above 90.00 stands a really good chance of holding up.
