XPost: can.internet.highspeed, can.general   
   From: Some@Guy.com   
      
   Is there anyone here following the currency FX and crude oil markets?   
      
   There is a historic disconnect between the WTI and Brent crude oil   
   prices going on right now (difference is about $18 a barrel) and I'm   
   trying to figure out if the FX markets are linking the Canadian dollar   
   with the Brent price instead of the WTI price.   
      
   WTI is about $85 / barrel, and Brent is $103.   
      
   Normally, with oil at $85 a barrel, the Canadian dollar should be   
   trading a cent or two above parity with the USD - but right now it's   
   exactly the opposite, which makes me think the FX markets are linking   
   the CAD with the price of Brent - which doesn't make sense since Canada   
   can't really export or sell it's oil in Europe.   
      
   The Bank of Canada better step in and do some intervention or the CAD   
   will break through the 98 cent USD level and all hell will break loose   
   in the CDN export market and I have to believe that Ontario unemployment   
   will go to hell over this.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)