- USD/CAD picks up bids to pare intraday losses amid Canada bank holiday.
- WTI remains pressured amid fears of less energy demand, higher supplies.
- Mixed concerns about US debt ceiling negotiations, Fed keeps Loonie traders on their toes.
- Risk catalysts will be the key for short-term directions.
USD/CAD gathers strength around the intraday low as bears fail to defend the first daily loss in three while bouncing off the 100-DMA during early Monday.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased