Pressed on NAFTA comments.
He added:
- Approach hasn't changed; we will not just accept any deal
- More more Americans are speaking out in favor of NAFTA,
- says prepared for anything and has contingency plans
The USDCAD is trading below the 100 and 200 hour MAs at 1.2488 at 1.2477. The 50% of the move up from the January 5 employment day low comes in at 1.24717.
Next week the BOC will have a meeting with the expectations back up to 85.5%. That is close to being a done deal.