It had a really good try below C1.15 earlier and failed. We've had some pretty wild ranges in the last couple of days, so I'm not surprised to see a little bit of a breather.
More Quotes from Steven Butler:
The way it's traded today, we probably do have a chance to get back to the C1.14 (87.72 U.S. cents) area again.Steven Butler
It's almost a bit of exhaustion on the (U.S. dollar) side and obviously a bit of a bounce in some of the commodities today.
Steven Butler
I think we needed a little pause from the (U.S.) dollar selling and we certainly got it today. The commodities led the way.
Steven Butler
It's really endurance to go up (the hill). That's what made it different it was harder than I thought.
Steven Butler
Certainly the commodities are causing a little bit of concern to the Canada bulls, but I think it's just a little bit of a short-term story.
Steven Butler
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