INTERMARKET CORRELATION Day 2) How Oil Moves with USD/CAD | 🎯Accurate FX Analysis

INTERMARKET CORRELATION

Day 2) How Oil Moves with USD/CAD

Let’s talk about the other kind of gold… the black one.

As you may know, crude oil is often referred to as the “black gold”, I call it, “black crack.”

One can live without gold, but if you’re a crack addict, you can’t live without crack.

Oil is the drug that runs through the veins of the global economy as it is a major source of energy.

Canada, one of the top oil producers in the world, exports over 3.5 million barrels of oil and petroleum products per day to the United States.

This makes it the largest supplier of oil to the U.S.!

This means that Canada is United States’ main black crack dealer!