Loonie comes alive
USDCAD is on the move. It languished on the sidelines for four days, locked in a tight 1.3280-1.3360 range, but that changed this morning.
Head of Commodity Strategy
Summary: The Venezuelan political crisis as well as a Saudi pledge to lower output further should have boosted crude oil, but pulling in the opposite direction are heightened concerns about global growth, particularly that of China.