IamShyamD

Crude & USDCAD - Correlation

NYMEX:CL1!   Light Crude Oil Futures
1
Correlation between the two has broken down just in the last year or so. I wouldnt be surprised if we saw some kind of pull back if Crude continued its climb towards $108 and maybe even $115. If that brings USDCAD back to parity then that would be an awesome time to get long.

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