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CANADIAN DOLLAR ANALYSTS COMMENTS

Dow Jones - "We're coming up to month-end, so people are watching oil and stocks, watching anything and everything to try and get a sense of where the next move is for U.S. dollar-Canada. It feels like the market doesn't really know what to expect, and it's going to be a lot of just chasing the flows around."

Dow Jones - "There's been broadly-based U.S. dollar weakness to open the North American session, and the Canadian dollar for any lack of a better explanation is just following the flow, after the dramatic moves witnessed yesterday. Canada was an outlier yesterday, but today is trading more in conjunction with overall U.S. dollar weakness."

Reuters - "While we think that growth will remain ever so slightly in the black, we wouldn't rule out a back-to-back negative print that would meet the definition of a technical recession."

Reuters - "If C$1.04 yields, you've got room for a little bit more short-term Canadian dollar strength."

fxKnight.com - "The Loonie has hit both of our targets from the prior week. Where is this pair headed next? 1.0445 is the key level to keep an eye on. A drop below, followed by a successful re-test as resistance, may bring further targets at 1.0358 and 1.0272 into view. More likely, price will range between 1.0445 and 1.0553 a while, at least until we get some key inflationary data out of Canada on Friday. A break above 1.0553, followed by a re-test as support, may mean we're on our way to test the prior high of 1.0727 once again."

Dow Jones - "The (Bank of Canada Deputy Governor, David Longworth) speech, the first in several weeks by a member of the bank's governing council and the last before the bank's interest rate announcement on Sept. 3, could give the Canadian dollar some direction."

Dow Jones - "I think, just sort of generalizing, the Canadian dollar's been performing very well relative to the rest of the G-10 space."

Reuters - "In the early part of this week, the market is going to be watching flows very closely, rather than any fresh news."

Dow Jones - "We seem to be well capped within a range here in dollar/Canada. We're looking for further U.S. dollar consolidation against the rest of the majors to start suggesting that Canada has more legs, and (dollar/Canada) will retreat to its July levels."

Dow Jones - "You have a little bit of disappointment in the Canadian numbers. I think the market was able to look past the fact that he headline number was strong, and notice that there is some underlying weakness."