CAD Mid-day Analysis

Ongoing weakness in the Dollar has given a residual lift to the Canadian and the presenceof more overtly weak US data might be expected to add to the upward action in the Canadian. At some point, theCanadian will need to see a tempering of US slowing fears to continue to rise up and away from multi year lows,but in the short term, the bull camp looks to continue to win by default. Next upside targeting is seen up at 91.87.