The USD/CAD pair is trading at 1.2667, up 0.0.0056. Trading has been firm. Buying continues to come in. Chatter of possible QE down the road is now making its way into market conversations. The lower energy prices are causing many to anticipate that more policy action from the Bank of Canada is directly ahead. However, some chatter about selling coming in at 1.2680/1.2740 is making its way around.
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