The Canadian dollar could recover further as it has absorbed a tremendous amount of negative sentiment so its worst days are most likely behind it, Societe Generale’s Olivier Korber said in a note.

Pound Sterling (GBP) is up a modest 0.5% vs. the US Dollar (USD) and retracing a portion of its recent losses, Scotiabank's Chief FX Strategist Shaun Osborne notes on Wednesday.