By way of not being kept out of the headlines after the AUD slap lower and NZD retreat from post-election highs we’ve seen USDCAD head from 1.0930 to test fresh offers at 1.1000 amidst a backdrop of falling oil/commodity prices
1.0997 posted and currently 1.0989. Suppport now seen on any dip into 1.0950-60.
Certainly a lively enough start to the week but not necessarily where we thought it might come from
