Global data has marginally improved but that has not resulted in a definitive risk-on-extension. While the Canadian might be seeing some resistance from domestic terrorism incidents, the overridinginfluence on the Canadian is where the US Dollar is headed after a noted upside extension this week. It wouldseem like the Dollar is overstated relative to the Canadian but anything positive from US claims later this morningis likely to knock the Canadian right back down to 88.47 support.
