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Old 08-18-2008, 02:43 PM
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Join Date: Aug 2008
Location: metro dc
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Question Stronger $$$

Does a stronger U.S. dollar and lower oil prices have a mojor impact on the FOREX market? If so which direction?
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Old 08-18-2008, 03:28 PM
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Hi indscc,

Glad to hear from you.

In short yes the stronger dollar and lower oil prices have a huge affect on the forex market.

For an in depth explanation of how, I encourage you to check out modules 3 and 4 of my free video forex trading course which you can find at the link below:

InformedTrades : Learn Trading. Trading Education. | - Free Forex Trading Course

If you have any other questions on this after going through those lessons, please feel free to post as always.

Best Regards,
Dave
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Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades.
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