USD/CAD 1.3230 Upside Long Idea...

Overall, a relatively contained European session for the Dollar, with the index consolidating throughout the day within a 92.150-388 band (ahead of the YTD low at 92.124) as participants zeroed in on the FOMC Minutes (Full preview available in the Research Suite), whilst State-side stimulus could involve a “skinny” deal of some USD 500bln, although an agreement is yet to be reached. Looking ahead, tomorrow will see the weekly release of the Initial and Continuing Jobless claims, alongside the Philly Fed Survey and comments from Fed’s non-voter Daly.

Mild USD strength to kick in into tomorrow mornings trade session.

USD/CAD LONG.

1.3230...