2025-06-30 00:08
IndustryOil Prices and Their Correlation with CAD
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Oil Prices and Their Correlation with CAD
The Canadian dollar (CAD) is strongly correlated with oil prices due to Canada’s significant energy exports. Rising oil prices usually boost CAD, while falling prices weaken it. Forex traders often pair CAD analysis with crude oil charts to improve directional predictions and timing of entries.
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Oil Prices and Their Correlation with CAD
India | 2025-06-30 00:08#CommunityAMA
Oil Prices and Their Correlation with CAD
The Canadian dollar (CAD) is strongly correlated with oil prices due to Canada’s significant energy exports. Rising oil prices usually boost CAD, while falling prices weaken it. Forex traders often pair CAD analysis with crude oil charts to improve directional predictions and timing of entries.
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