Oil and the Canadian dollar

I will be the first to admit I am not an economist, nor an expert in macro or micro economics. I did take those courses in University but that's where it ended. I've also been interested in the markets since I was a young lad, reading the Globe and Mail Report on Business beside my dad, at the kitchen table over breakfast, from my early days in high-school. I even started a stock investment club, and called it STING, Student Investment Group. We bought Bralorne Resources...and and got STUNG! So I'm no stock picker! So anyways the other day I see a graph that charts the Canadian dollar to the price of oil. The two lines were almost identical. In other words one predicts the other. Which one?

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