View Single Post
Old 11-05-2009, 06:36 PM  
teomaxxx
Confirmed User
 
Join Date: May 2003
Posts: 2,734
Quote:
Originally Posted by beta-tester View Post
oil prices have risen up, hence the dollar value went down. It's pretty much bonded to oil price.
no actually, its otherwise. when dolar goes down, oil goes up. and the leverage on this trade is something like 3-4x against currency moves.

Last edited by teomaxxx; 11-05-2009 at 06:38 PM..
teomaxxx is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote