Forex technical analysis: USDCAD comes off as oil rallies via ForexLive

Crude oil futures are up 1.97% in early trade With data light, the USDCAD seems to reacting to oil and technicals. On the oil front, Crude oil futures are up about 1.97% on the day. This is helping to pressure the pair back lower.  Yesterday, was the opposite. It saw crude prices fall from Friday's highs that neared $51 per barrel.