• Renewed pressure on the U.S. dollar helped the loonie hold about three cents under recent six-year lows above C$1.28. 
  
  
• Oil though continues to serve as a headwind on the northern buck and keep it on vulnerable footing. Oil tipped back below $46 early Monday, a loss of more than 1 percent on the day. 
  
  
• With little Canadian data due this week, look for oil and movements in the U.S. dollar to help drive the loonie.