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Re: Crude /Hal/Trades/everyone
In Response To: Re: Crude /Hal/Trades/everyone ()

Hi Ronbo,

Agree with you that things have changed fundamentally in currency land. But for crude oil, I don't see that much, or enough, has changed on the supply/demand side to justify the move from the 30's to the 90's. A good chunk of the move up in the commodity complex as a whole has certainly come from a depreciating greenback, so it will be interesting to see if a strong upmove in the dollar pricks a few fast rising ballons in the New Year...

And on that note my friend I wish you and yours the very best for the holiday season as well as a prosperous, happy New Year to come :) Same sentiment goes to Trades and all others here on the forum.

Messages In This Thread

Re: Crude /Hal/Trades/everyone