Biden admin officials looking at ways to boost oil imports from Canada By Frank_Macro Canada Oil UnitedStates
The loonie saw immediate strength on the news, which would of course be bullish for CAD via improved terms of trade with the US.fell to its lowest level since 10 November and currently trades just above 1.2400. A break below this key psychological figure looks on the cards, which would open the door to a test of sub-1.2300 Q4 2021 lows.
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