Observando el CAD con la caída del petróleo – un poco desconcertante, ¿no?

Could be the rate differential supporting CAD, or perhaps the market's looking past short-term oil swings to the long-term supply picture. Either way, expecting a direct correlation these days can be tricky.

I'm seeing similar action. Could be that the market's pricing in other factors, perhaps the BoC's recent hawkish tone is providing more support than usual. I'm keeping an eye on the next jobless claims report for more clarity.