Here’s a good one, Canadian payroll data is worse than expected while US data massively trumps consensus, which shows us the sell USD reflation trade is still on. With commodities also enjoying a huge lift from the payrolls the Loony is a major beneficiary, currently at 1.0983 after hitting 1.0960 the lowest level since September of last year. Support is seen at 1.0950 but Bond markets are reversing some of their losses, so the low may now be in place.