Comparing Crude Oil Price Trends Across 10 Currencies [View article]
Pretty interesting.. Since Canada such a big producer, they've got a nice built in hedge there. For my taste, I'd like to see it with the little (trade weighted) currencies left out, and be curious to see gold in there (it's a 'currency' too). As a matter of fact, I see a pretty good pattern correlation between oil & gold lately anyway. If Saudi and Iran are linking to gold and Euro, would make sense for them. bst rgds-
Comparing Crude Oil Price Trends Across 10 Currencies [View article]
I'd like to see it with the little (trade weighted) currencies left out, and be curious to see gold in there (it's a 'currency' too). As a matter of fact, I see a pretty good pattern correlation between oil & gold lately anyway. If Saudi and Iran are linking to gold and Euro, would make sense for them. bst rgds-