The correlation of the change of the Canadian dollar and change in oil price (front-month contract for light sweet crude) over the last 60 sessions is almost 0.60. As for a couple of exceptions, it's like it has been during the past five years and correlation is as high.
The correlation of the change of the Canadian dollar and change in oil price (front-month contract for light sweet crude) over the past 60 sessions is near 0.60. With a couple of exceptions, the correlation is as high as it has been over the past five years.