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USDCAD moves higher with lower oil

“So far, sellers are leaning against the higher level (helped a little by oil coming off)” reports The USDCAD is trading back near the highs for the day and near a swing high from Friday’s trade as well.The price of crude oil is lower by close to -2.0% and that is helping to weaken the CAD.  However, there is a little rebound as I type.

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