USD/CAD: Near-term bias still in favour of buyers but sellers are slowly building momentum - ConsultFX

USD/CAD: Near-term bias still in favour of buyers but sellers are slowly building momentum

Price continues to hold above the 200-hour moving average ForexLive Oil prices may be rallying to session highs but it is doing little to move the loonie on the day so far. USD/CAD is virtually unchanged on the day and has been trading in a subdued range throughout the session so far.