Mon, Feb 2, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Currencies, Oil more

What the US dollar can tell us about the oil market

Posted on 08 May 2013

Many investors study supply and demand statistics to figure out where they think the oil price is going. But by far, the biggest factor that determines the oil price is the US dollar, says Donald Dony, who pens The Technical Speculator investment newsletter.
“The US dollar is absolutely pivotal for commodity prices,” he says. To pros in the investment game, that is a truism; obvious. But most investors underestimate the background impact the greenback has on oil prices………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39041 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
February 2015
S M T W T F S
« Jan    
1234567
891011121314
15161718192021
22232425262728