USD/CAD aptly portrays the Loonie traders’ anxiety above 1.3400, up 0.05% intraday near 1.3435 at the latest, as the key week comprising the Bank of Canada (BoC) Monetary Policy Decision and Canadian employment data begins with unimpressive moves. In addition to the pre-data/event caution, firmer prices of Canada’s main export item Crude Oil and the upbeat US Dollar also challenge the pair’s latest moves. That said, WTI crude oil prints a three-day uptrend near $72.50 despite recently paring intraday gains while reversing from a one-week high amid the firmer US Dollar. That said, the black gold began the week’s ... (full story)