Oil price rally sees USDCAD take a trip lower again - ConsultFX

Oil price rally sees USDCAD take a trip lower again

Correlation between oil and CAD back in evidence 8 Dec Oil prices rallying strongly in this session and USDCAD has another wobble lower to 1.2832 from 1.2870. CAD generally stronger as we wait on US  NFPs and Canadian housing starts at 12.30 GMT but some sellers returning as I type. Copyright 2015 Forexlive.com