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Excerpt from:  Financial Spread Betting Strategies
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March 18, 2008

Financial Spread Betting Strategy: Falling US Dollar Good for Commodities

Oil prices back up on commodities market
Financial spread betting strategy, spread betting US dollar, US dollar currency trading, currency trading FX market, oil prices commodities market, falling US dollar commodities, financial spread betting
After declining yesterday, oil prices are back up on the commodities market today in anticipation of a US dollar drop in currency trading on the FX market. Financial spread betting strategy should keep in mind that when the US dollar struggles in currency trading, commodities usually do well, reports Bloomberg:

``The Fed is eager to save the economy at any price, even inflationary pressure, and that is favorable for commodities,'' said Eugen Weinberg, an analyst at Commerzbank AG in Frankfurt. ``If we have a cut of 1 point you'll see another spike in commodities.''
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PermalinkSpread Betting on Oil Prices on the Commodities Market
.Spread bets on a variety of financial markets
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