Canadian Dollar flows set by the broader market on Tuesday ahead of midweek BoC rate call

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• Canadian Dollar flows follow the broader market.
• Bank of Canada rate call looms on Wednesday.
• Crude Oil on the high side bolsters Canadian Dollar.

The Canadian Dollar (CAD) is mostly steady on Tuesday as broad-market sentiment dictates the flow of CAD pairs as Loonie traders buckle down ahead of the Bank of Canada’s (BoC) latest rate call and subsequent press conference. Crude Oil markets are tipped into the high end heading into the mid-week, keeping the Canadian Dollar propped up and preventing pre-BoC pullbacks in the near term.