Canadian foreign minister Freeland out on the wires 25 Jan

  • important not to oversell value of trade deals
  • Canada prepared for every eventuality and every different possible outcome on NAFTA

Earlier BOC governor Poloz also had comments on NAFTA and added that interest rates could well fall if talks fail but everything in the mix still.

USDCAD continues to trade tightly after the rally from 1.2295 to 1.2333

USD500m of option contracts expiring at 1.2400 today

Freeland - Canada prepared for every NAFTA outcome