USDCAD whipping around via ForexLive

BOC not as dovis h.  Oil prices discounted drawdown of inventories The USDCAD has been whipping around as the BOC statement was less dovish than expected. A bigger drawdown of crude oil inventories seemed to be priced in. The price of crude oil has fallen from a high of $49.57 to a lows of $48.63. The price has since rebounded back to $48.91. 

posted via ForexLive

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