Canadian and US markets closed today
It’s a quiet one today in New York and Toronto but USD/CAD has had some life as it tracks a thinned oil market.
WTI fell as low as $68.25 but it’s grinded back to $69.41 and unchanged on the session. With that, USD/CAD rose up to 1.2559 but has slipped back to 1.2528.
In broader terms, the earlier US dollar strength is also fading aside from cable, which remains at session lows.
This article was originally published by Forexlive.com. Read the original article here.