I have been reading alot recently the articles on Bloomberg and CNBC in a bid to get a better understanding of what really drives the Currency markets.
I keep reading about Oil, Gold and the Dow....
My question is how do the abover markets affect a pair like say the EURUSD or FX in general for that fact.
Why do they affect the currencies and in what way i.e. Does the USD weaken with Oil strength etc...
Could someone enlighten me as to what effects these markets have on the FX
I keep reading about Oil, Gold and the Dow....
My question is how do the abover markets affect a pair like say the EURUSD or FX in general for that fact.
Why do they affect the currencies and in what way i.e. Does the USD weaken with Oil strength etc...
Could someone enlighten me as to what effects these markets have on the FX