A Canada PM Trudeau aide tells Reuters:

• The leader of the Canada’s opposition and new Democrats is tearing up deal that is helping keep PM Trudeau’s liberal government in power
• Announcement of New Democrats means that if Trudeau is to continue governing, he will need to find support from other opposition legislators

The USDCAD is little changed on the headline and remains above the 100 hour MA at 1.3507. The current prices trading at 1.35124

This article was written by Greg Michalowski at www.forexlive.com.