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Trouble in the middle east to start Oil rally?
Recent unrest in Saudi Arabia may well cause oil to rally at market open
Historically, when there is trouble in the middle east, oil goes up
Seeing as we do not trade oil in the contest, I need a currency to trade alongside oil
Cad usually goes in the same direction as oil
So, if oil rallies I will be selling Usd/Cad
Gl all this month
Recent unrest in Saudi Arabia may well cause oil to rally at market open
Historically, when there is trouble in the middle east, oil goes up
Seeing as we do not trade oil in the contest, I need a currency to trade alongside oil
Cad usually goes in the same direction as oil
So, if oil rallies I will be selling Usd/Cad
Gl all this month