With the Canadian Dollar making a noted range up move this morning, one has to thinkthe overt weakness in the Dollar is the primary driving force behind the rally. One could suggest that someeconomic issues that have restrained the Canadian over the last two months have been moderated and onemight also take the prospect of a pause in US tapering next week as a potential positive. Rising home prices,railway movement and Chinese data that might be better than the dismal expectation factored in earlier this week,would seem to give the bull camp in the Canadian some ammunition.
