After the dovish tones from US Fed's Yellen we're seeing a strong oil price show
Both Brent and WTI have now posted 2016 highs of $51.11 and $50.19 respectively as recent consolidation converts its energy to realising further gains.
The move has helped cap USDCAD and sent the pair down to 1.2760 from 1.2840 before running into a few buyers as oil pauses for breath.
Bids at 1.2750 and more into 1.2700 which if broken opens up a target of1.2600.Offers/res now into 1.2800.
