Reposting this idea with CADUSD as the ticker.
Canada is basically an EM like Brazil, except without the trade from the USA.
Both Canada and Brazil services sector are 70% of GDP (70% vs 73%).
Both depend on oil and resources for revenue.
Canada is basically an EM like Brazil, except without the trade from the USA.
Both Canada and Brazil services sector are 70% of GDP (70% vs 73%).
Both depend on oil and resources for revenue.
交易進行:
Looks like CAD will follow BRL.