Comments from speech in Waterloo. USDCAD tests next support.
Adds:
The USDCAD is currently moving to new session lows as I type. ON Monday, the pair reached the highest level since February 2016 and also moved above the 50% retracement  of the move down from the January 2016 high. That level came in at 1.35746. The high price reached  1.3587 before falling lower.