USD/CAD down 40 pips in a quick move

I'm looking around for NAFTA headlines or any reason behind it. It could be month-end flows into the fix.

I wrote earlier this week about the positive seasonals for the Canadian dollar in April.

Businessweek had a great article about NAFTA earlier this week and the argument is that Trump is going to make a NAFTA deal as a way to avoid Congress on domestic deregulation.

To me, that makes a deal much more likely.