Canadian markets are closed today
It's a tricky weak of year with Canadian markets closed today and the US closed tomorrow. That means air pockets in USD/CAD.
The pair is higher today as the US dollar catches a broad bid. Lately the ebb and flow of the dollar has been a bigger factor than oil, which is up 1.5% today in the 8th day of gains.
At the moment, this bounce is definitely looking like the dead-cat variety.
