Oil higher for the third straight day
WTI crude oil is 29-cents higher at $73.90 in the third day of gains today. It's at a two week high and has nicely rebounded from the rout at the start of last week.
UK labour market data on the agenda today
The dollar is keeping steady with commodity currencies on the defensive as we look towards European trading today. Of note, USD/CAD saw a big U-turn from 1.2430 to 1.2500 after the BOC policy decision yesterday.