USD/CAD last C$1.3246 after the.......>

DOLLAR-CANADA: USD/CAD last C$1.3246 after the pair traded in a ~55 pip range

Wednesday, closing almost unchanged as CAD garnered some strength from the

uptick in oil prices, which ended WTI's 12-day losing streak. Crude futures

climbed as RTRS reported OPEC+ is discussing a deeper cut than exp. 

- The rate spiked after BBG cited a senior Democratic Representative saying that

Trump's trade deal with Mexico & Canada, set to be signed at the G20 summit at

the end of the month, must be revised to pass the Democratic-controlled House. 

- However, USD/CAD erased those gains later in the day, following the broader

gyrations in the DXY thereafter. 

- Bulls seek a move through C$1.3264, where the rate peaked yesterday & Tuesday.

Conversely, bears need a break below yesterday's lows of C$1.3208 before

shifting their focus to the Nov 12 low at C$1.3183. 

- Canadian m'fing sales will hit the wires later today, otherwise this week's

docket is rather thin.