US dollar at the lows of the day
The commodity currencies are particular strong against the US dollar, which isn't a big surprise given the rally in risk trades.
USD/CAD made a quick 50 pip move below 1.3400 with AUD and NZD making similar sized moves. The dovish shift from Powell is the story here.
USD/CAD:
![](http://az705044.vo.msecnd.net/20190104/2019-01-04_10-37-23.png)