The Canadian dollar rose on the back of rising crude oil prices. WTI crude oil closed on Monday with 2.45% gains. This allowed the Canadian dollar to post gains of 0.25% on the day as a result. Some of the markets were closed on Monday and trading was subdued. Existing home sales report showed a print of 5.21 million units against forecasts of a decline to 5.30 million. The sentiment in the euro is hit by the weak PMI’s from last week. But the currency rose slightly to post a modest 0.12% gain on the day. Economic data was sparse, and today’s docket will see the eurozone consumer confidence report coming out. ... (full story)