Forex, Oil and the U.S. Dollar
- PrymFX Team
- Nov 18, 2020
- 1 min read
It's no secret that commodities, especially oil have an effect on Forex markets and vice versa. Multiple pairs, such as USD/CAD, NZD/USD and AUD/USD can be affected by the movement in the price of oil. Today let's take a look at where oil is and where we think it will be headed to see the possible effect in the Forex market.
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