Wayne spoke about this one yesterday.
Canadian retail sales coming up today and USDCAD is currently at the weekly and monthly profit-taking zone with a double top currently setting up on M15 OR price is on it’s way up to MR2/ WR2. We also have oil inventories later today. Due to inventories growing for the summer months the result may be a build and negative for oil prices which could weaken CAD. On the wires today, “UAE says oil undersupply is their main worry”