- Brent trades new recovery high at USD 65.62/bbl, should enhance CAD
- BOC saw near-term downside risks oil, Brent up USD 5 since Apr 15 meeting
- Today may also see oil settlement flows, demand for CAD, usually 25th month
Technicals
Add as a preferred source on GoogleUSD/CAD hovering just above key Jan 21 low at 1.2062
Brent trades new recovery high at USD 65.62/bbl, should enhance CAD BOC saw near-term downside risks oil, Brent up USD 5 since Apr 15 meeting Today may also see oil settlement flows, demand for CAD, usually 25th month
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