It should come as no surprise that the price of oil actually acts as a leading indicator for the price action in the CAD/USD. Since the traded...
The equity market can impact the currency market in many different ways. For example, if a strong stock market rally happens in the U.S., with the Dow...
Imagine that the United States and Japan, two long-established trading partners, have to purchase each other's goods with the respective currencies:...
Some currencies appreciate substantially against the dollar, while others gain barely a few basis points. This difference in performance against the...
If you shorted CAD/JPY to express a short oil view, you would end up paying interest. If you're a commodity trader looking for a bit of a change from...
Generally speaking, when gold prices rise, the Australian dollar appreciates as well. The proximity of New Zealand to Australia makes Australia a...
A weaker, but still important, correlation is that of gold prices and the Swiss franc. The country's political neutrality and the fact that its...
Weakness of the U.S. Dollar: Although the U.S. dollar is one of the world's most important reserve currencies, when the value of the dollar falls...
Tags: US dollar, gold
When dealing in the major currency pairs, most traders are presented with only one choice: dollar bull or dollar bear? Regardless of whether a trader...
The reason gold benefits from a declining U.S. dollar is because gold is priced in U.S. dollars globally. There are two reasons for this relationship....