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