All things considered, the Canadian has held up rather impressively in the face of stellar gains in the Dollar this week. However, we have to think the Canadian will see some concentrated pressure in theevent that US payrolls come in at or above +220,000. On the other hand, we wouldn’t expect the Canadian tohold consolidation support of 91.51 if the US payrolls come in above last month’s non-farm payroll gain of225,000.
