USD/CAD: downtrend develops

Forex analytics: Current trendLast week, the USD/CAD pair developed its downward trend and hit new local lows at the level of 1.2831. At the same time, the due to the large number of controversial US macroeconomic releases, the pair dynamics was mixed.In particular, on Wednesday, the American currency was under significant pressure from Retail Sales statistics, but then, on Friday, the pair managed to ...