Short-Term Trading Idea FX USD/CAD – Bull Speculation: Expected Growth To 1.3456
November 23, 2015 at 14:42 PM EST
On Friday the USD/CAD closed up around the 1.3370 resistance. The correlation between Brent and the USD/CAD is -0.86 and -0.76 with the dollar index. This means that as oil cheapens so does the Canadian.