The Globe & Mail is out with a somewhat optimistic report on the Canadian trade situation and, in turn, the Canadian dollar. It highlights trade negotiations that are currently ongoing between the US and Canada, and appear to be in the final stretch. If Canada can get some trade certainty, there's a big possible tailwind for the loonie in the later half of the year. Today's jobs report from Canada also highlights the resilience of the domestic economy. USD/CAD is down 70 pips to 1.3941 today, the lowest since mid-June.