Trend line above stalls the move higher. More Trudeau comments.
PM Trudeau is speaking and part of what he says in response to comments made earlier this week about Canada’s dairy trade from Pres. Trump. Those comments helped to push the CAD lower. A near 4% fall in oil also helped to weaken the CAD. Oil is little changed today. Trudeau’s comments have led to a move lower but only a limited move.