USD/CAD Picks Up Bids To 1.3680 As Oil Retreats Amid Sluggish Session, Canada/US Inflation Eyed
December 19, 2022 at 01:53 AM EST
USD/CAD struggles to defend bears during the first daily loss in three. Oil price initially cheered hopes of China stimulus, softer US Dollar before latest consolidation. Inflation is the key but holiday mood could restrict short-term moves.