The Canadian dollar is the top performer despite a 4% fall in oil prices today.
One of the reasons is that Republicans are making the Keystone pipeline a priority as the new Congress takes over today.
USD/CAD spilled to a session low of 1.1744, breaking the 38.2% retracement support of the big rally from 1.16 to 1.1850 to start the year.
USD/CAD intraday
