Well, isn't that sweet (crude oil

)
Oil is back at $100 a barrel.
Unrest in the mid-east.
Silver's bullish run of late.
BS political struggle of Washington's fiscal crises and 'shutting' down the government at the end of the week.
S&P dropping it's rating of the US on May 24. (thanks es/pip)
Canadian dollar holding firm under parity.
If memory serves me correctly, in Forex Fundamentals 101, I learned that for whatever reason, USDCAD represents an oil play, and when oil price increases, CAD gets stronger.
Since I don't trade commodities, perhaps I should treat USDCAD as a long term position, in the same manner as being bullish oil and expecting it to get back to $150 a barrel like back in mid-2008...
Oil, weekly
USDCAD, weekly
Oil, daily
USDCAD, daily
