The outlook on CAD, NOK and oil from the CREDIT AGRICOLE

The recent rebound in oil prices helped the CAD and NOK recover some positions.

... .Our econometric analysis suggests that the historically low oil prices should weaken the positive correlation between oil and the CAD and NOK.

Thus, CAD and NOK have less benefit from any recovery in oil prices ...

Further forecasts of CREDIT AGRICOLE:

PS: signals are copied, distributed, and to earn $ https://www.share4you.com/ru/?affid=0fd9105