Tuesday, 11 December 2007
Forex Day Trading System - How does Oil Prices effect Forex market?
Tuesday, 11 December 2007
Forex Day Trading System - Does Oil Prices effect Forex market?Yes, they truely do..Oil price has good, if not strong, coorelation with the currency pair movement. The movement of oil price in any direction is due to the demand and supply. If the demand of oil is more, the price will increase else otherwise. Since, USA is not a producer of oil, increase in demand will essentially mean that USA
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