CAD Mid-day Analysis

With the Canadian simply losing ground this week, in the wake of a rather thin economicreport slate world-wide that could make the US claims results later this morning more important than normal. While we would expect the Canadian to temporarily bounce in the face of a rise in claims today, the bull camp inthe Canadian needs distinctly positive economic results and improved global attitudes to rekindle the March, Apriland May up trend. Buying support in the June Canadian is seen down at 91.39 today.