
Capaticity Utlization was a bit stronger. New Home prices were a bit weaker. The USDCAD tested the 100 hour MA on the release but has since rotated toward the lows for the week. Oil prices are up $0.30 cents and overall there is a move into risk with NZD and AUD also benefitting. Bottom trend line at 1.0231 is another target to get through if the risk apetite is to continue today. The low for the week is 1.0199