• $CAD pares losses into Europe close, -0.11% at 1.4305; Tues range 1.4332-1.4271

• Yield slide has greater effect on Canada yields, provides slight boost for USD

• Oil moves to negative territory adds to Canada slide; copper gain added to +2%

• Near-term, Fed & BoC seen cutting rates in June; odds for both near 80%

• $CAD res 1.4332 Tues high, 1.4369 daily cloud base, 1.4401 the March 1 high

• Supt 1.4271 Tuesday low, 1.4265 rising 100-DMA, 1.4251 lower 21-d Bolli

CAD Chart:


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