USD/CAD and WTI Correlation Unreliable; Macklem in as New BOC Governor
<p>Many times, USD/CAD has been discussed in the context of its relationship with Crude Oil. We are no exception; as many times we write how a move in USD/CAD can be attributed to a move in WTI Crude Oil. The Canadian Dollar is often positively correlated with WTI; therefore the 2 assets move together (USD/CAD […]</p>
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