An Indicator of a Stock's Future Analysts and Astrologers

An Indicator of the Canadian Dollar's Value

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It should come as no surprise that the price of oil actually acts as a leading indicator for the price action in the CAD/USD. Since the traded instrument is the inverse, or USD/CAD, it's important to note that based on the historical relationship, when oil prices go up, USD/CAD falls.
Source: http://www.investopedia.com/articles/forex/06/CommodityCurrencies.asp; http://www.bktraderfx.com/site/members-benefits; http://www.gftforex.com/

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