By EconMatters
It has been a bad 4 years for the Canadian Dollar versus the Greenback. It is trying to make a recovery as of late as the price of Oil is off the bottom, but if Oil takes another leg lower, this could spell more pain for the currency.
https://www.youtube.com/watch?v=nUb5yFeJrIM
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By EconMatters
The British Pound has a Brexit Referendum on Thursday the 23rd of June which is putting downward pressure on the currency. The ideal trading scenario would be the United Kingdom votes to leave the European Union, the Pound gets hammered in the short term after this event, and this represents a long term value going forward, a strong buy in my book.
https://www.youtube.com/watch?v=uz9DPLXlCfc
By EconMatters
Starting this time last year we added over 40 Million Barrels to US Oil Stockpiles. The question is can storage facilities handle another 40 Million Build in Oil Stocks over the next 7 weeks?
https://www.youtube.com/watch?v=d5L1jWH_I-A
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By EconMatters
Sparks flew in the middle of the day, but when all was said and done we finished relatively flat for the day in the oil market. The week closes out Friday with the Employment Report.
https://www.youtube.com/watch?v=AbSYxXOO8qc
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By EconMatters
An Analysis of the EIA Weekly Summary Report regarding the Oil Industry. Increasing Oil Imports right now are outpacing U.S. Production cuts, but the market is looking past this data metric, and focusing on increased gasoline demand numbers on a year over year basis.
https://www.youtube.com/watch?v=lrkK4Y4UCsc
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