205153 Resource 119247 120646 120646 1211977613862 1211977613862 Controlled Oil Prices and Currency Trading Commodities can affect the FX market <font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">One of the items that affects forex trading includes oil prices. Oil prices affect currency trading due to their interplay with currencies. Normally, when the US dollar is weak, oil prices rise. Right now, as oil prices are dropping, there is <a href="item/205150" target="_blank" title="US dollar forex trading, forex trading currency market, commodity prices, oil prices, currency trading, forex trading, currency trading FX market, FX market Australian dollar, commodity currency">support for the US dollar in forex trading</a> on the currency market.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">Currencies that rely oil and other commodities often receive support as prices rise. The Canadian dollar is a commodity currency that does well as oil prices rise.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">Other commodities can also affect the FX market. When gold prices drop, it affects the <a href="item/205149" target="_blank" title="US dollar forex trading, forex trading currency market, commodity prices, oil prices, currency trading, forex trading, currency trading FX market, FX market Australian dollar, commodity currency">Australian dollar</a>, whose economy provides a large amount of gold, and that benefits from higher prices</span></font>.<br /> 9 application/xml false commodity currency commodity prices currency trading currency trading FX market forex trading forex trading currency market FX market Australian dollar oil prices US dollar forex trading Commodities and Currency Trading Forex trading on the currency market http://www.gftforex.com/land/index.asp?aid=446 Currencies that rely oil and other commodities often receive support as prices rise. Mozilla/5.0 (Macintosh; U; PPC Mac OS X Mach-O; en-US; rv:1.8.1.14) Gecko/20080404 Firefox/2.0.0.14 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 119247 blog blogsite/GFTForex/web