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Welcome 2017: The Year of Market Volatilty

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    #25
    Originally posted by Oliver88 View Post
    Crude oil up 49% in 2016.
    CDN $ loses 1% vs USD.

    Is the CDN $ starting to not track crude oil as closely?.........
    Save to see the Canadian dollar is tracking the performance of the drama teacher more than anything now
    Likely also shows the confidence the world has in the price of oil staying at this level

    Comment

      #26
      If trends stay the same(highly unlikely) look for a sub 70 cent dollar and oil about the same by the end of 2017. There is activity in the 2019 oil contracts $56

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