CAD Mid-day Analysis

Overt weakness in the Dollar has given a fresh window of opportunity to the Canadian overnight. Recent strength in metals and energy prices are also adding to the upward tilt in the Canadian. Limitingthe upward track in the Canadian is a developing teachers strike and a regional election on Thursday. Pushedinto the market, the bull camp looks to have a slight edge and a near term push back above 92.00 is probably inthe cards.