Idea for arbitrage transaction closing the gap between the Canadian dollar and oil
There is a long-standing correlation between
Oil maintains a strong Canadian dollar equivalent and vice versa
In recent weeks, a situation correlation broke up, I believe it will not last long so I would perform such an alternate strategy:
Sell oil and buy dollars against Canadian oil or buying oil and selling dollars against Canadian
This review does not include any document and/or file attached to it as advice or recommendation to buy/sell securities and/or other advice
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