Oil has once again shown strength and is now trading at a price that exceeds what this commodity was trading at before the Coronavirus outbreak, largely due […]
The world and oil
All posts tagged: Oil
How commodity prices affect exchange rates
When you think of Forex, think beyond currency pairs to commodities like oil, gold and coffee, which affect currency values. When you think of Forex, you probably […]
Interest cost traps in forex and oil trading
We show you how to protect yourself from interest cost traps in forex and oil trading. The costs of owning commodities and currencies through CFDs are based […]
Oil prices are ready to surge
Oil prices are poised to rally and this fourth straight quarterly decline should be its last. WTI crude oil is trying to stabilize above the $70 level […]
Which is the easiest currency pair to trade?
EUR/USD is not only the most stable but also the easiest currency pair to trade. It is therefore considered the best choice not only among beginners but […]
High oil prices weaken the Norwegian krone
Holidays in the land of the fjords are currently cheaper than in a long time. Paradoxically, this is due to the legendary wealth of the Norwegians. Germany’s […]
Coffee is not the world’s second most traded commodity (but it is important)
“Coffee is the world’s second most traded commodity after oil”: you will find this written in published books, countless websites, academic papers and more. Recently, Starbucks even […]
Will the gap between oil and gold narrow?
Oil prices have plummeted amid fears of demand destruction and also of rising inventories in the US. On the other hand, the price of gold has skyrocketed […]
Goldman raises gold forecast, reiterates its bullish view on commodities
Goldman Sachs on Thursday raised its gold forecast, describing it as the best hedge against financial risks, and reiterated its bullish view on commodities as a banking […]
Russian oil finds a wide-open back door to Europe
Middlemen make money when Russian crude oil finds indirect routes to the European market, argue politicians and industry insiders. In fact, it is a wide-open back door […]
