Dollar to rally up to touch 95.00. Fundamentals are showing an aggressive growth in the economy in terms of todays release of PPI. Will post updates on this.
Looking at this pair and comparing it to Crude Oil we notice a correlation of some sort. With the robust rally of oil on Friday we should expect CADJPY to follow suit as it has with a sharp rally during the intraday trading hours of Friday. Taking that CAD being one of the largest producers of crude oil and JPY being one of the largest importers, we should...