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BombayBulls

USD/CAD - Corresponding Trade To Crude - 6/13/2016

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
BombayBulls  
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD
3
0
usdcad
There is no secret in USD/CAD's dance to the tune of crude oil market. To exploit this correlation, we are looking for USD/CAD long trade in relation with our Crude Oil short trade mentioned earlier. Crude at 50 and USD/CAD near 1.2700 is going to be interesting. Let's see how a quick long USD/CAD there and short Crude at 50 works out!

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