• $CAD weakness pared into Europe cls, -0.2% at 1.4225; Tues range 1.4248-1.4144

• Risk rebound losing momentum, tariff negotiation euphoria waning

• Commods off early gains; oil now -0.25%, copper +0.3%

• Trump awaits 'call' from China, but aides say deal not likely before 104% tariffs hit

• China the engine of global growth not budging on tariffs stunts rebound

• $CAD res 1.4248 Tues high, 1.4262 falling 10-DMA, 1.4285- 50% of 1.4543-1.4028

• Supt 1.4155 lwr 21-d Bolli, 1.4144 Tuesday low, 1.4136 lwr 21-hr Bolli

CAD Chart:


(Paul Spirgel is a Reuters market analyst. The views expressed are his own)