We've seen a fall in oil prices that has done much to correct gains in the past 24 hours

Adam yesterday highlighted the move higher and rightly advised caution at this time of year, as indeed I have been too.

Brent crude has dropped to $36.95 from $37.55 with WTI down to $36.85 from $37.40 which has sent USDCAD back up to 1.3869 from 1.3825

Prices are levelling out again for the moment with oil a tad higher off its lows putting a cap on USDCAD currently 1.3863 but pressure on oil remains

Adam also posted this Citi forecast where they see USDCAD at 1.4200 sooner rather than later