Oil down 2.3% on the day
A softening US dollar isn't offering a lift to oil today.
Crude is at the worst levels of the day with WTI down $1.50 to $63.92. Selling pressure has been steady since the start of today's trade and builds on a decline to start the week.
The March 10 low of $63.13 is support.
USD/CAD looks like it's shrugging off the move but there's a broad USD slump at the same time and this pair is holding steady, so it's affecting CAD but it shows up much more clearly in CAD/JPY.
