USD/CAD 12-Month Highs

The USD/CAD pair is trading at 1.2641, up 0.120. Trading has been active and firm most of the U.S. session. Buying continues to pour in. Chatter of very easy policy from the Central Bank of Canada due to the recent surprise rate are continuing. Chatter about lower energy prices on Thursday and cascading selling in some commodities is keeping trading active. Some selling was seen at 1.2680.
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