USDCAD triggers stops below 1.2700 as oil price rallies

2 February 2015, 12:23
Andrius Kulvinskas
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Stops below decent demand at 1.270o has kicked the pair to 1.2680 where more bids await

Oil prices have risen steadily this morning with Brent posting 55.60 from lows of 51.38 in Asia

Currently 54.90 and 1.2685

GBPCAD finding it tough above 1.9225 again and has fallen to 1.9056 adding downward pressure on GBPUSD after its post-PMI rally

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