Watching CAD after yesterday's crude dip

That dip in crude yesterday, even if temporary, felt like a decent reminder of the downside risk for the loonie. If oil continues to soften, I'll be watching $USDCAD more closely for a move back towards 1.4115, considering how sensitive it tends to be to energy prices. Still, the current range between 1.4066 and 1.4115 feels pretty tight for now, but a break could offer a clearer direction.