Little change. A little good. A little bad.
As per our resident expert Adam:
"On the CAD-positive side, the outlook for rates is exactly the same as it was before and they've brushed aside some negatives in exports.
On the negative side, they fret about Q4 growth and the US economy (a bit)."
The USDCAD technically, has moved lower (stronger CAD). The pair is just getting another kick lower on headline that Iran says a majority of OPEC members agree on a cut in production, but now the headlines are reading that Saudi Arabia and Gulf Arab countries do not support a cut. The price has moved back higher. So the pair is moving all around. Oil got a pop but is now back lower. Inventory data out at 10:30 AM ET. So be careful. Things are getting a bit volatile in the pair.