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OmegaCanada Formerly known as r/MetaCanada
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8
Loonie cracks 80 cents for first time in three years as Canada's bond yields rise (financialpost.com)
posted 3 years ago by RightOfSask 3 years ago by RightOfSask +8 / -0
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▲ 8 ▼
– RightOfSask [S] 8 points 3 years ago +8 / -0

Oil is getting more expensive, thus the CAD is going up.

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▲ 6 ▼
– deleted 6 points 3 years ago +6 / -0
▲ 3 ▼
– deleted 3 points 3 years ago +3 / -0
▲ 2 ▼
– RightOfSask [S] 2 points 3 years ago +2 / -0

And still the CAD follows the oil price.

https://wernerantweiler.ca/blog/2015-04-01-a.jpg

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– deleted 3 points 3 years ago +3 / -0

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