11.10.2016 • 12:00 GMT+3
Opportunity in Reconvergence of USD/CAD and Oil Price Correlation?
• Oil prices have extended a two week surge that started with OPEC's vow to curb their collective output
• Russia's suggestion that it too would join the cap on supply pushed the commodity up to a 15-month high
• The correlation between crude and USD/CAD has inverted recently - irregular occasions that eventual reconverge