The revival of US Dollar strength off the last US payroll report started the corrective slidein the Canadian but the surfacing of US rate hike talk has added to the downside bias in the Canadian Dollar.With a series of up-trend channel support lines violated this week a more significant corrective slide to 93.31 ispossible. Slack purchasing data apparently countervailed building permits results and that could produce an evenlower near term target of 93.14.
