5 Tips about Oil Prices

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...
Let's assume that a major mishap occurs at an oil refinery in the Middle East - essentially, oil prices will rise. A savvy FX investor knows that...
Japan imports 99% of its oil and also imports large percentages of its natural gas and other energy sources. Basically, its currency takes a beating...
Between 2003-2005, the correlation between the Canadian dollar and oil prices has been approximately 80%. Canada is the ninth largest producer of...
Japan imports 99% of its oil (compared to the U.S., which imports 50%). It is one of the world's largest net oil importers. Japan's lack of domestic...