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02/13/19
02/13
11:00
02/13/19
11:00

FX Action: USD-CAD

FX Action: USD-CAD printed six-session lows of 1.3194 during Asian hours, before rallying to 1.3257 into the North American open. The pairing has since eased back to 1.3215 lows, as risk-on conditions remain front and center, and as WTI crude prices remain firm. Resistance remains at 1.3240, the 20-day moving average, with support at 1.3141, the 200-day moving average. Focus will soon shit to Thursday's release of Canada December manufacturing data.

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