Canadian Dollar rises despite slumping Crude Oil, BoC Governor Macklem due

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• Canadian Dollar flows try to stage a rebound after last week’s declines.
• Bank of Canada Governor Tiff Macklem hits newswires later on Monday.
• Weaker bids on Crude Oil limits CAD upside.

The Canadian Dollar (CAD) is hunting for some green territory against the US Dollar USD to kick off the new trading week. The Loonie’s topside remains limited as Crude Oil prices fall back, limiting momentum in the Oil-dependent CAD.