Today is likely to be a critical pivot point for the Canadian Dollar, as a hawkish tone fromthe Fed is likely to rekindle strength in the Dollar relative to the C$ and suggestions that the tapering will continueuntil excess stimulus is removed, could shift sentiment toward commodity currencies like the C$ and Aussie backinto a bearish track again. However, recent strength in gold and energy prices has probably increased supportunder the Canadian and that could make the 90.00 level more formidable.
