USD/CAD tumbles to lows, back around 1.2800 handle

   •  CAD rallies after Canadian govt. announces to backstop Kinder Morgan.    •  A modest USD retracement/weaker US bond yields add to the pressure. The USD/CAD pair finally broke down of its consolidative range and tumbled to the 1.2800 handle, reversing all of the previous session’s up-move. The Canadian Dollar rallied hard, with the […]

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