Forex: USD/CAD breaks parity and trades at 3-month highs

FXstreet.com (San Francisco) - The US Dollar is trading higher today against the Loonie and after rising 50 pips in the last few hours, the USDCAD has crushed the parity level to trade at 1.0030, the highest level since August 3.

Currently the USDCAD is trading at 1.0020, 0.15% above today's opening. According to the FXstreet.com Forex Studies, Stochastics are bearish in the 15-minute time frame, but MACD, CCI and Momentum are bullish. The same conditions are seeing in the 1-hour chart.