Corporate bids at 1.0340 were filled and smaller bids are in at 1.0325 with better down at 1.0300. Decent bids also seen further down at 1.0275/85
Offers start to come in at 1.0375 with more at 1.0400 then it’s 1.0450 for the next batch.
Yesterday’s and todays moves have seen the confluence of the 55 & 100 dma keep a lid on moves to the upside. They may continue to do so unless we get big headlines from the states.
USD/CAD daily chart 15 10 2013
