Oil near flat on the day, USD/CAD choppy
USD/CAD has traded entirely within yesterday's range so far. The extremes are 1.2306 and 1.2346. The narrow range isn't a big surprise with oil prices flat and the Fed decision tomorrow.
Offers:
- 1.2350
- 1.2365/70
- 1.2380
- 1.2400
- 1.2425
Bids:
- 1.2275/70 (real money)
- 1.2250 (real money)
- 1.2225/20 (corporates)
- More at 1.2200
Techs also protecting 1.2200 with stops below and more below 1.2190.
