Hi Jack and other experienced traders, I was just tolled that USD/CAD and Oil have a negative correlation. If this is correct and I understand right if Oil is going up USD/CAD suppost to go down and if Oil goes down USD/CAD is going up? and somehow I could use this to reduce my risk when trading oil. So if I go short in Oil I would go short in USD/CAD so that if Oil goes long instead of short this would reduce my losses? Possibly there is and expert here that can explain this better?
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