US Oil Inventories stocks getting increased day by day (Over Supply oil drops) and Possible US rate hike due and also no CAD rate hike is possibly soon and Cut Talks
If FED hikes US invetories go up and CAD Buidling permits good but Rate is kept unchanged and Buy UC ..
Comment:
Oil is mostly inversely correlated to UC. If oil falls UC goes up and if OIL goes up UC most times falls.
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If FED hikes US invetories go up and CAD Buidling permits good but Rate is kept unchanged and Buy UC ..