CAD Mid-day Analysis

The Canadian this week has literally been on fire with little or no fanfare from the press.With the Canadian jobs figure expected to show a gain of 12,000 jobs, the Canadian might need to see a numbernorth of that level to continue to rise straight away. Some players see the 93.00 level as a near term target, withsome suggesting that is the minimum value needed to factor in a return to global growth. Critical support movesup to 92.00.