USD/CAD-Breaking Support?

The Dollar seems to be crawling back today after yesterday's robust data. It would appear that 5.25% now seems a more likely top for U.S. rates. A lot of Fed watchers point to the "data dependent" nature of future Fed hikes, and as such, it looks increasingly likely that further upward moves will be required. It is this newly expected rate support that is driving today's Dollar strength. Read More....