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USD/CAD influenced by softer oil prices

  • Pair rises to test 1.2529 (Thursday's high)

  • WTI threatens USD 50/barrel support level

  • Resistance levels are 1.2529, 1.2541and 1.2546

  • 1.2410 was Thursday's 3week low, after oil prices jumped

  • Alberta budget deficit returns as lower oil revenue impacts

  • 3rd estimate of US Q4 GDP at 1230GMT, +2.4% forecast and Fed Gov speaks 1945GMT

 

  • Market Data
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