You got that right, brother.

Risk aversion looks to be picking up with JPY, CHF stregthening but the Loonie is not easing appreciably this morning as it normally would given how it is unusually leveraged to the global growth outlook given its commodity-focused economy.

USD/CAD trades in the lower reaches of its days range at 1.0561 after stalling several times in the 1.0665 area in recent sessions.