Dólar Americano/Dólar CanadenseViés de alta
USDCAD rising likely due to rates expectations
I always keep the Oil chart along with my USDCAD chart. Growing oil price influences very positively Canadian Dollar and somewhat negatively US Dollar.
It is interesting to see this correlational influence dampened in favor of much stronger news regarding a potential rate hike.
I think there is a chance the oil market will be up for a short correction. Fundament hasn't changed but the sentiment seems overbullish and the growth rate is rather high for what I would expect.
If I am wrong about oil, USD still can grow, hence I see this as a relatively good opportunity.
It is interesting to see this correlational influence dampened in favor of much stronger news regarding a potential rate hike.
I think there is a chance the oil market will be up for a short correction. Fundament hasn't changed but the sentiment seems overbullish and the growth rate is rather high for what I would expect.
If I am wrong about oil, USD still can grow, hence I see this as a relatively good opportunity.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.