 Canadian Dollar surges broadly today as the an agreement, the USMCA is finally reached with the US to replace NAFTA. Riding on the last week's post GDP rally, the Loonie is enjoying strong bullish momentum. The USMCA news further seal the case for an October BoC rate hike. At the time of writing, Swiss Franc is following as the second strongest, and then Dollar. Yen is the weakest one as Nikkei extends recent rise, followed by Australian Dollar and then Euro. In other markets, Nikkei is currently up 0.56% at the time of writing,confirming medium term up trend resumption. Singapore Strait Times is up 0.12%. China and Hong Kong are on holiday. WTI crude oil is up 0.31 at 73.56 and it's on track for 75.27 key resistance level. Gold is back below 1190 as Friday's recovery faded. Technically, USD/CAD has taken out 1.2883 key support level today. It's still a bit early to confirm medium term reversal and that will very much depends on downside momentum ahead. But Canadian Dollar's strength is rather overwhelming. And it's rightly so given expectation of October BoC hike, a trade deal with US and strong oil price. EUR/CAD should now be targeting 1.4798 support to confirm resumption of down trend from 1.6151. CAD/JPY's rally is also on track to test 91.62 key resistance. | 
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