Oil's bounce and CADCHF - watching for follow-through

Interesting to see oil catching a bid today, up near a percent to $28.42. It's not a massive move by any stretch, but given the recent sentiment, any green is noteworthy. The question for me is whether this is just a dead cat or if there's actual demand coming back into play, even if only sentiment-driven. No significant news I can pinpoint for the bump.

I'm watching $CADCHF closely for follow-through. It's up to 0.5854, correlating nicely with the oil move, which makes sense given the CAD's sensitivity. If oil can actually hold these levels and push a bit higher into the close, I'll be looking for continuation trades on CAD strength against the usual suspects. If oil fades back to its lows, then CADCHF will likely follow. Too early to tell if this is anything more than short-term noise, but it's on the radar.