USDCAD Still an Oil Currency
While there is divergence with the relationship between oil and the US dollar to the Canadian dollar, this trend still holds. In all likelihood, the price of oil will continue to be closely tied to the price of the US dollar to the Canadian dollar.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.