The USD/CAD pair continues to simply go sideways and really not make much in the way of a serious move has Wednesday proved to be very fruitless. At this point in time though, we also pay attention to this market to simply look and see what is possible longer-term. The oil markets continue to do very little in the way of movement, and that of course will keep the Canadian dollar silent in general. With that being said, we are simply observing, and don’t have any real interest in trading this pair at the moment. However, if we get a significant move in the oil markets, that could change everything over here.
