USD/CAD opens low with minimal volatility

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.