It’s dead out there so let’s take a poll. USD/CAD is trading at 0.9884.
Which will we see first, a fall below 0.9800 or a rise back above parity?
The chart has been down in 10 of the past 12 weeks after stringing together 5 weeks of gains.
The best correlates for USD/CAD for the past three months have been the S&P 500 (-0.857), oil (-0.795) and copper (0.690).
