USD/CAD opens low with minimal volatility

Source: WBP Online
© AP

The Loonie traded higher against the Dollar as oil prices went up on Monday, while volatility remained low resulting from an empty economic calendar. The WTI traded 2% higher above the $47 level and Brent showed $49, a 2% raise as well. The Canadian Dollar traded at $0.7737 at 10:15 AM GMT against the Euro with support at $0.7776 and resistance at $0.7717.


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