Canadian markets open, in theory anyway

It's a holiday in the United States and the UK today so overall FX market liquidity is nil. Canadian markets are open, although anyone who is at their desk probably isn't expecting to do much today.

There is nothing on the economic calendar so we'll be watching out for any kind of unscheduled news or anything that might effect oil prices.

The weekly USD/CAD chart shows the rebound stalled last week. I'm bullish on the fundamental side but there isn't anything in the chart that's screaming to buy. The hiccup last week signals some consolidation ahead of the early-April/late-March highs.