USD/CAD rally continues
The Canadian greenback is now in a four-day droop.
Falling oil pries and worries about commodity producers are weighing on the loonie. Early at present New Zealand’s jobs report upset and a day earlier the RBA moved to a impartial stance.
USD/CAD is up 56 pips on the day to 1.3270 and rose above the 100-day and 21-day shifting averages within the course of.
For the time being, the Jan 30 excessive of 1.3281 is capping the rally and appearing as resistance.