USD/CAD a tad firm into Europe cls, +0.06% at 1.3465; Thurs range 1.3490-48

Soft commods, oil -2%, copper -1%, rising Fed rate view weighs on CAD

Canada inflation falling, BoC seen on hold thru rest of 2023 aids CAD dip

$CAD res 1.3490 Thurs high, 1.3500 falling 21-DMA, 1.3562 daily cloud base

USD bulls gain momentum above 1.3553, 50% Fib of 1.3804-1.3303

Support 1.3448 Thurs low, 1.3433 10-DMA, 1.3408 200-DMA

Short-term DMAs below longer-term bearish, for now