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OIL Production not being cut - G20 News. Long USDCAD.

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
The most relevant news regarding oil during this weekend's G20 summit is that Russia and Saudia Arabia do not plan to cut their oil production, meaning the price per barrel will continue to drop.

When Oil goes down, USDCAD goes up.

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