Sinking sentiment in the US and a strong looking drive up in oil are helping USD/CAD, and the buck in general, lower
USD/CAD has fallen to 1.2435 and just below is short term support at 1.2425
Our friend Alex highlighted a resistance level in WTI that we're slowly approaching at 53.71. If we get up there then we have the possibility of a halt to the moves in both CAD and oil
Gold is also on the up hitting session highs at 1235.11 and comes along with the S&P making new all time highs at 2093.79
The euro is making more of the dollar slump than the pound is, rising around 50 pips to 1.1432 over the same time that the quid put on about 30 to 1.5420, and still holding that resistance here I highlighted earlier.
