At last, crude oil moved a bit higher, so you might be asking yourself if the trend has reversed or is this just a pause before the moves continue. In short, we think the latter is much closer to the truth. The fact remains that in a global and hyperconnected economy such as today, no market can sustain complete independence of the rest of the world. Crude oil, as the most versatile marketplace commodity, is not excluded from that reality. Namely, the two markets that the black gold often looks up to the most are stocks and currencies. In today's analysis, we'll focus on the latter. The black gold upswing has been ... (full story)