Canadian Dollar is a main focus today with BoC rate decision featured. Recent strong risk-on markets haven't given the Loonie much lift. It's upside is somewhat capped as oil price turned into consolidation after last week's spike. Also, traders turned cautious before BoC's indication on the chance of a micro rate cut. Elsewhere, Dollar and Yen remain pressured even though Asian markets have turned mixed. Euro is taking a breather after yesterday's rally. Technically, firstly, we're still awaiting a a breakout in USD/JPY from the tight range of 103.51/104.39, to guide the next move in Dollar and Yen pairs. Secondly, 53.92 temporary top in WTI oil is now back in focus after WTI drew support from 4 hour 55 EMA and recovered. Break will resume recent up trend to 100% projection of 40.32 to 49.42 from 47.31 at 56.41, give USD/CAD the needed downside momentum through 1.2623 temporary low. In Asia, currently, Nikkei is down -0.67%. Hong Kong HSI is up 0.26%. China Shanghai SSE is up 0.01%. Singapore Strait Times is down -0.28%. Japan 10-year JGB yield is down -0.008 at 0.039. Overnight, DOW rose 0.38%. S&P 500 rose 0.81%. NASDAQ rose 1.53%. 10-year yield dropped -0.005 to 1.092. | 