USD/CAD: pair overbought but growth continues

Forex analytics: Current trendCrude Oil Stocks change statistics are due today in the US. The Canadian Dollar is a commodity currency, and the USD/CAD pair has a 92% correlation with the price of oil. Thus, amid a fall in oil prices and Canada’s loose monetary policy, the USD/CAD pair tends to grow.Today, attention also needs to be paid to Personal Consumption Expenditures, Durable Goods Orders and New Home ...