USD/CAD: pair at 2004 highs

Forex analytics: Current trendYesterday the pair significantly strengthened reaching 2004 highs at the level of 1.3780.The reason for this strong growth is poor macroeconomic data coming out in Canada lately and falling oil prices. On Monday, the price of Brent crude oil fell below $37 per barrel. In addition, the pair is supported by approaching Fed meeting where the regulator is expected to increase the ...