5 April 2002, 22:00   NY Mkt Talk USD-CAD gave up the 1.59 handle early on today

NY Mkt Talk USD-CAD gave up the 1.59 handle early on today, on the back of solid Canadian jobs data. From the initial move lower though, the pair has been stuck within a 10 pip range. A close below the figure is seen as a positive for the C$ as we look ahead to next week. 1.5870 is a key level, the dollar finding support there back on March 27 and April 3. Below there, the 1.57 handle comes back into view. NY Mkt Talk USD-CAD gave up the 1.59 handle early on today, on the back of solid Canadian jobs data. From the initial move lower though, the pair has been stuck within a 10 pip range. A close below the figure is seen as a positive for the C$ as we look ahead to next week. 1.5870 is a key level, the dollar finding support there back on March 27 and April 3. Below there, the 1.57 handle comes back into view.

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