CAD review

Western Union notes: 

Oil strengthened above $60 but that was of little support to the loonie in a generally risk-off market with many opting for safety and shelter in havens like the Swissie. The loonie was also biding its time ahead of today's afternoon announcement from the central bank south of the border. 

A Fed message that should play up expectations of higher U.S. interest rates would weigh on the loonie since it's not a done deal that the next move by Canada would be a rate hike.