The Canadian currency witnessed a sharp 80-pips rally against its American counterpart last minutes, slamming USD/CAD from fresh 14-month tops reached earlier at 1.3648. The spot ran through fresh sellers, after the latest statement from the White House notified markets that the US President has agreed not to terminate the NAFTA at the current time, which rescued the CAD bulls big time. Meanwhile, the Loonie pays little heed to lower oil prices, as the latest news come as a big positive for the Canadian economy. Moreover, broad based US dollar weakness also adds to the renewed downside in the major. Markets will ... (full story)