• CAD buyers may want to reduce more of the coming exposure with the loonie holding near six-year lows. The loonie had steadied recently thanks to the U.S. dollar side of the equation and its pullback from multiyear peaks on caution ahead of the Fed. 
  
  
• Still, the gravitational pull of weaker oil prices (at six-year lows below $43) and weaker than expected Canadian factory data (manufacturing sales sank 1.7 percent in January) weighed on the Canadian unit.