USD/CAD falls back to 1.2200 after early rise to 1.2260.

Higher oil prices and less-hawkish comment from Poloz have weighed on USD/CAD today. A quick look at the orderboard:

Bids

  • 1.2185-95
  • 1.2060/70 (corporate)
  • 1.2000/10 (option related)

Offers

  • 1.2260-90
  • 1.2310/20
  • Stops 1.2330
  • 1.2350