USD / CAD contributed to the decline in oil
Oil is at its lowest level at $ 71.48, up from $ 76.98 a little over 24 hours ago.
The decline in the broad supply in crude oil and US dollars has raised the total to USD / CAD 1.2514, but has risen to 50 points during the day. The pair has been trading at its highest value since April 21, due to growing commodity weakness and the bond market’s message that there will be no inflation.
Technically, there are currently not many obstacles to returning to 1.2630-1.2660.