[16:56 USD/CAD: Like Watching a Glacier Trying to Climb a Hill Boston, April 3.
USD/CAD is working firmer in its range, retesting session highs at 1.1584, but
the move is coming at a decidedly, ahem, measured pace. Soft oil prices and
covering of USD index shorts are helping support the greenback in very muted
trade. Offers stretch for 1.1585 on up to 1.1610, dealers report. Dips are
limited to the 1.1560 area. Look for activity to stay muted through Thursday
when Canadian employment data is set for release. USD/CAD trades at 1.1580.
Jamie.Coleman@Thomson.com /rs
AMEN!!!
