Loading...
Loading...
Crude up 12%
The moves in the oil market are ruthless this week. USD/CAD hasn't had the tightest correlation with crude and that's puzzled traders this week.
One of the reasons was has been heavy orders in the market. It's clear that a massive bid was sitting in the 1.3900/1.3880 range today. It finally broke and virtually gapped down to 1.3850 and has continued down to 1.3830.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in