Friday, November 24, 2006

USD/CAD trading below 1.1400

Dollar still trading weaker against majors except against the Kiwi.Against Yen still trading below 116, USD/CAD finally its tradingfirm below the 1.1400 level as trading below the level of 1.2100 against Swiss Franc on stronger Swiss Retail Sales and trading flatagainst Kiwi after the very weaker than expected Kiwi Trade Balance. Against Euro and Sterling trading very weak at the level of 1.3090and 1.9320 respectively.

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