That old trade...
The USDCAD has moved to new session highs as oil prices move to new session lows (that old chestnut). The price of oil just dipped below $33 per barrel, trading to a new low of 32.69. The USDCAD, meanwhile broke back above 1.4107 (high from Jan 6) and looks toward the high price for the week - which was also very near the swing high going all the way back to July 2003 (at 1.41687 and 1.4164 respectively).
