USD/CAD - 1.1038 .. Usd/cad has surged ahead of the release of Canadian GDP data at 12:30GMT in part due to speculation that Canada wud prefer a weaker currency in order to support the economic recovery. Second quarter GDP is forecast to fall by 3% on an annualized basis compared to -5.4% in the previous quarter. Offers are tipped at 1.1100 n 1.1120/30 while on the downside, bids (fair-size) are noted at 1.1000 n 1.0950/60 with stops likely to emerge below latter lvl...