| Previous Close | 0.741 |
| Open | 0.744 |
| Bid | 0.744 |
| Day's Range | 0.744 - 0.744 |
| 52 Week Range | 0.7251 - 0.7902 |
| Ask | 0.743 |
The Canadian dollar hit its highest level in over two weeks and the Australian dollar hit a 12-day high on Monday as a bounce in oil prices drove a recovery in major commodity-linked currencies. Saudi Arabia and Russia agreed on Monday to extend oil output cuts until March 2018 to rein in a global crude glut, pushing up prices by as much as 2 percent and dominating morning trade on European currency markets. Weekly positioning data also showed speculators are net long Australian dollars, which helped it move away from last week's four-month lows.
Hints from the Trump camp about his trade policies mean that it is not just the obvious Mexican peso that could end up in the crosshairs.
Canada, the world’s sixth-largest oil-producing country by volume, is particularly exposed to fluctuations in crude prices, and its currency reflects this by showing a strong correlation to crude oil prices....