DislikedOil is the Worlds problem not just the USA's, maybe USA could suffer worse but this is only going to get worse, but shouldn't effect Forex too much as it's on both sides of the equations.
Got to go to a client bow out -£50 100pips total or leave it on, hmmmmmmmmmmm
just started to turn down by my system to, but likely just chop around, hmmmmmmmmmmmmmmmm
Live to fight another day, or risk it and maybe make some good £££'s.
Can't decide, someone decide for me plsIgnored
but it is more relevant to the U.S. (and therefore the dollar), due to oil being priced in dollars. of course oil remains the world's problem. however, there has been an undeniable link from the movement in the price of crude oil and the value of the dollar. the impact of high oil prices has been slightly cushioned from the eurozone consumers by their appreciating currency in the past 12 months. similarly, there is also an undeniable link between the price of crude and the value of the S&P.