USD/CAD bulls take a breather around 1.3600 as Oil steadies after a slump, BOC eyed

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USD/CAD bulls take a breather around 1.3600 as Oil steadies after a slump, BOC eyed
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USD/CAD bulls take a breather around 1.3600 as Oil steadies after a slump, BOC eyed – by anilpanchal7 USDCAD RiskAppetite BOC Oil Fed

said, the Loonie pair’s latest moves appear less lucrative for sellers as the quote stays beyond important resistance-turned-support and the US Dollar bulls are back to the table early Tuesday.

Elsewhere, Canadian Building Permits recovered in October with -1.4% figure versus -2.0% expected and a revised down -18.2% MoM prior. Amid these plays, Wall Street closed in the red while the US 10-year Treasury yields rose eight basis points to 3.58% by the end of Monday’s North American session.

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