USD/CAD briefly crossing a pivot point around C$1.0150 as the US dollar finds broad favor in the market. The CAD, under pressure amid a general shift in risk assets and retreating oil prices, was nonetheless outperforming its commodity and risk-linked cousins, as is its usual form when the greenback gains broadly. Volatility was lower overnight, helping to underpin CAD resilience. The USD at C$1.0146 from C$1.0106 late Tuesday.
EasyForexNews Research Team