Canadian bulls might take exception to the statement that the Pound is the mostdominating trend in the currency markets as the Canadian has forged a very impressive move higher since theMarch lows. It is possible that the Canadian is catching some spillover lift from the threat of port strikes on thewest Coast of the US but it is also possible that the fortune of the Canadian is being improved by the slide in theDollar and by the rise in precious metals prices. The bias is up but traders should expect some reaction to USjobs results over the coming 36 hours of trade. Up-trend channel support is seen today at 93.62 and that supportline rises to 93.78 on Thursday.
