USD/CAD off early NorAm lows, +0.2% at 1.3340; Mon range 1.3389-15

CAD rallies to 4-week high 1.3315 just above April 14s 1.3303 trend low

US regional bank angst ebbing risk-friendly, Commods rise oil +2% copper +1%

Converging US-CA rate outlook boosts CAD, Macklem may hike if infl persists

$CAD supt at Mon low 1.3315, lwr 21-d Bolli 1.3300, Feb 14 low 1.3273

Resistance 1.3389 Mon high, 1.3448 200-DMA, 1.3491 50% Fib of 1.3668-1.3315

IRPR on Eikon indicates Fed rates -70bp by Dec 2023 FOMC, BoC rates -13