Beauty article re: T. Lane (Deputy Gov, BoC)
To MITA Jan. 13,2015 (google for full article).
MY TAKE ONLY: "...lower oil prices are also typically accompanied by a weaker Cdn$ & this time is no exception. The dollar's depreciation
by over 10% against the USD in the past 6 months will help cushion the economy from the impact of lower oil prices......
....lower oil prices are likely
,on the whole,to be bad for Canada."
I only trade Mthly charts,so do not follow my trades on daily or smaller TFs.
This post is fueled by a 3:1 ratio of screech/poutine:nerd:
To MITA Jan. 13,2015 (google for full article).
MY TAKE ONLY: "...lower oil prices are also typically accompanied by a weaker Cdn$ & this time is no exception. The dollar's depreciation
by over 10% against the USD in the past 6 months will help cushion the economy from the impact of lower oil prices......
....lower oil prices are likely
,on the whole,to be bad for Canada."
I only trade Mthly charts,so do not follow my trades on daily or smaller TFs.
This post is fueled by a 3:1 ratio of screech/poutine:nerd: