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11/25/16
11/25
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11/25/16
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FX Action: USD-CAD

FX Action: USD-CAD is back over the 1.3500 level, topping at 1.3513, just under the Asian top of 1.3515. Softer oil prices have been behind the support, as WTI crude trades down better than 1%, threatening to move under the $47.00/bbl level. The 20-day moving average, currently at 1.3445 is the next support level, with resistance coming in at 1.3530-40.

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