Forex Flash: USD/CAD held by 200-day MA and targets 1.0100 – TD Securities

FXstreet.com (Barcelona) - TD Securities say the CAD is not being affected by concerns over fiscal cliff, Greece and geopolitical tensions as much as equities: "The CAD and it's commodity currency peers have been immune to the forces that have seen equities under pressure, and that could continue to be the case until we see commodities make new lows as well", wrote analysts Shaun Osborne and Greg Moore, pointing to a market focused on the "fiscal cliff", Greece and Spain today, with the 200-day MA (near parity) as a strong support as it targets 1.0100.