Small bids building in USD/CAD at 1.0850 have given way but there is chatter of better buyers at 1.0835, 1.0825 and 1.0800.
Speculators are on the offer at 1.0875/80 with corporate offers at 1.0895 and 1.0915. Talk of buy stops at 1.0900.
The Canadian dollar is the best performer this month.