• $CAD hold near lower end of Wed range, -0.11% at 1.3820; NY range 1.3855-03

• CAD firm as oil pares early commodity losses; oil now -0.6%, copper -5%, XAU -0.3%

• Canada yields lower, but UST yields on a slightly steeper decline aids CAD rise

• IRPR shows Fed cut path deeper in 2025; Fed -102bp, BoC -51bp to Dec meetings

• $CAD supt 1.3803 Wednesday low, 1.3781 2025 low on Apr 21, 1.3737- 100-WMA

• Res 1.3839 the falling 10-DMA, 1.3855 Wed high, 1.3903 the the Ap 23 high

CAD Chart:


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