Minus 20 the bossman reckons in Loonie land. Pfft I say until he’s stood on a freezing cold football terrace in Sunderland in a UK winter with a light breeze (sarcasm) blowing off the English channel.
Anyway the cold snap has seen orders shrink in size ( a usual excuse for men) and while offers remain at 1.0700 they are nothing to write home about. Buy stops are still hanging around the 1.0710/15 area and there’s is talk of a big Asian seller at 1.0720 with stops seen on a break. Specs are on the offer at 1.0670 through to 1.0685.
Bids is small size seen at 1.0630 (specs)1.0625, 1.0600 then slightly more meaty bids at 1.0550.