USD/CAD Remains Overbought Following BoC- ECB Takes Spotlight

The neutral tone stuck by the BoC may boost the appeal of the loonie ahead of Canada’s CPI report as it dampens bets for additional monetary support.


from DailyFX - Forex Market News http://www4.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2016/01/20/USDCAD-Remains-Overbought-Following-BoC--ECB-Takes-Spotlight.html?DFXfeeds=forex:fundamental:us_dollar_index:daily_dollar