Excerpt from: CFDs & Spread Bets
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| August 28, 2008 | | Are oil prices and the U.S. dollar seeing a disconnect? | One of the constants on the financial markets is change. There is always something different going on. And the relationship between oil prices and the U.S. dollar could be just such a change.
Right now, for financial spread betting strategy and other market purposes, the U.S. dollar almost always moves inversely to oil prices. But that may be changing as the market landscape changes.
The Forex Blog reports on the possible shift from the current relationship between oil prices and the U.S. dollar:
Apparently, analysts and traders expect other fundamental factors to
assume control over the price of oil and the Dollar. Namely, the
still-unfolding credit crisis and the projected long-term supply/demand
imbalance in energy markets will become more relevant. | Topic Tags: financial spread betting, oil prices, spread betting strategy, spread betting U.S. dollar, U.S. dollar, U.S. dollar oil prices | |
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