AccentForex - Analytics

AccentForex

359.00 8.50/10
89% of positive reviews
Real

Morgan Stanley: if USD will rise on 5% – oil at $20- $25

The impetuous US dollar increasing could mark Oil quotations down to $20 area. Seems not enough USD and oil hold inverse correlation, but the black gold oscillation amplitude exceeds the American currency oscillation amplitude. According to our calculations USD increasing on 5% might causes Oil quotations drop down to 10-25%. Black gold reduction below $60 was triggered by world reserves growth, but a decline from $55 to $35 is a consequence of the US currency strengthening. In view of continuing USD growth – $20-$25 a barrel scenario seems very much real.

VN:F [1.9.22_1171]


To leave a comment you must be or register

By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree