Filed In:
Prices & Exchange Rates
A look at the relationship between exchange rates and the price of goods, such as commodity prices.
Why Do Oil Prices and the Canadian Dollar Move Together?
Article answers the question: "What's the relationship between the Canadian Dollar and oil prices?"
Exchange Rates and Commodity Prices
Over the last two years, the value of the Canadian Dollar has greatly appreciated relative to the American Dollar. In this article, we see if changes in commodity prices can explain the depreciation of the American Dollar relative to the Canadian Dollar.