Forex Trading with the Canadian Dollar and the Japanese Yen
by
Kathy Lien
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The
currency
pair that tops the list of currencies to
trade
to express a view on oil prices is the Canadian dollar against the Japanese yen. In
fact
, over the past two years, CAD/JPY has had an 85% positive
correlation
with oil prices.
Source:
www.investopedia.com
Tags:
forex
,
Canadian dollar
,
Japanese Yen
,
oil
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