USD/CAD hit its lowest level since early August a short while ago, down to 1.0185. This an area where China has consistently lightened up on US/CAD shorts. Given the 1.0180/1.0380 range that has prevailed for the last two months, hard to get bearish USD/CAD down here despite the recent oil spike and broad USD weakness. A close below 1.0180 for a day or two would change the picture, but not a tepid probe…
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