- Search Energy EXCH
- 3 Results
- NewstraderFX replied Nov 12, 2007
Here's a surprise from FT.com: Meanwhile, in the currency market, the yen was sharply higher as investors unwound carry trades, based on borrowing yen and using the proceeds to buy higher yielding assets. With the dollar rallying versus the euro and ...
- NewstraderFX replied Nov 12, 2007
Not sure about the tail/dog thing Phil-my opinion is that since oil sales are denomimated in dollars, it's where the dollar goes that moves oil. Anyone else care to wiegh in here? As the dollar improves here and oil falls, the financial press will ...
- NewstraderFX replied Nov 11, 2007
Oil is about to go into a bit of a retreat now. The dollar is set to get stronger vs. the high yielders as equities continue to sell off and oil will continue to move inversely to the dollar.
- Posts by Member Search: 'NewstraderFX'