The loonie is trying to grab a toehold above 1.3700
There's no stopping USDCAD. Despite the big wipeout on Friday, as if often the case, the pair comes battling back.
USDCAD H1 chart
We've briefly surmounted the highs following Friday's dip to 1.3680 and staying above 1.3700 will be an important move if we are to take back more of the loss. Be wary of another dip back under, especially if it breaks 1.3675/80, where today's support sits.
The US dollar is continuing to find it's legs across the board as USD is still better off against nearly everything else. It's not rocketing, and it's not breaking any big levels but it's been a slow and strong move so far.
