The Canadian dollar continues advancing. In a day light with economic indicators (and this will change quite soon), the loonie still finds reasons to rise. Dollar/CAD is trading at 1.2089, falling below 1.21 and hitting a low of 1.2080.

Oil prices were on the move on Friday and continue ticking higher. This isn’t a spike but rather a gradual grind higher. And also the USD has reasons to slide on the other side of the equation.

Read the rest of the article USD/CAD slips to the 1.20 handle on oil, USD weakness