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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > All comes back to the USD
View:
Post by Cobalt on May 05, 2022 12:15pm

All comes back to the USD

On the edge of breaking-out on a 20 year high, 3% 10 year is sucking in alot of buyers but first you buy USD , Stocks hate a strong dollar , all comes back to the USD
Comment by Chrisinvan7 on May 05, 2022 12:17pm
Yep. Doesnt help that the Bank of Japan is sacrtificing their currency and printing like Zimbabwe either.
Comment by Cobalt on May 05, 2022 12:20pm
YCS short YEN to 150 :) 
Comment by topdown99 on May 05, 2022 12:48pm
US buck up , CAD down . A lower Canadian  $ means larger profits when US (Eagle Ford) FCF is converted to Canadian funds