Disappointing Canadian jobs figures last week combined with positive economic evidence from the US leaves the Dollar in control of currencies with a lesser economic story. Lower oil and in general lowercommodity prices probably leaves the Canadian off balance especially in the wake of news of generally softerChinese July commodity imports from the weekend. While the 91.00 level looks to be initial support for theSeptember Canadian we don’t hold out much hope that the Canadian will be able to avoid a fresh downsidebreakout this week.
