You'll recall the news from Monday on Keystone:

Reuters have a bit of a recap up on it with Adam's name in lights!

  • "The Canadian dollar is indicating some disappointment on the Keystone XL front," said Adam Button, chief currency analyst at ForexLive.
  • "Few market watchers were expecting the pipeline to be approved but that it will be axed so quickly indicates that Trudeau doesn't have much sway with Biden."

CAD has chilled out a little since I posted the breaking news (red arrow in old chart below) ... it was a nice item to catch!:

You'll recall the news from Monday on Keystone: