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Company announcement section, the company is effected by...

  1. 1,163 Posts.
    Company announcement section, the company is effected by interest rates particuary Canada.--RG
    Why is USDCAD Correlated with the Price of Oil?

    Canada boasts the world’s second-largest oil reserves (after Saudi Arabia). Canada is also the number-one supplier to the world’s largest oil importer, the United States. Because the Canadian dollar correlates with the price of crude oil, and because the global price of oil is denominated in U.S. dollars, a depreciation in USD/CAD logically follows an appreciation in oil prices. In other words, the price of oil and USD/CAD move hand-in-hand
 
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Last
$37.12
Change
0.960(2.65%)
Mkt cap ! $21.46B
Open High Low Value Volume
$37.12 $37.33 $36.17 $62.54M 1.687M

Buyers (Bids)

No. Vol. Price($)
1 200 $37.12
 

Sellers (Offers)

Price($) Vol. No.
$37.14 64 1
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