FXstreet.com (Córdoba) - Crude oil soared today's sending the Canadian dollar higher. USD/CAD tumbled from 1.0840 to 1.0669, posting a one-week low. The pair is holding under 1.0700 and is 1.45% below today's opening price. On the downside, support lies at 1.0660 (Sep 22 low) and below at 1.0600, only a few pips above year lows.

Crude oil is jumped more than 5.50% and ended above $70 a barrel. The commodity had the biggest daily increase in more than a month.