Trading: Oil at a $100 A Barrel?

Remember how much you paid to fill your gas tank last week? Do you remember what it cost a year ago? Big difference -- because in 12 months the price of oil jumped from $49.73 a barrel to $56.50 (up 18.8 percent). That hit countries that depend on imported oil, like the US, really hard.

Let�s assume that oil goes from its current price � approximately $60 per barrel � to $100 a barrel. Below are three heavily traded currency pairs. Which currency pair will be most heavily impacted � that is, which will reward the buyer (first currency mentioned) most, at the same time punishing the seller (second currency mentioned) most?

U.S. Dollar � Euro

U.S. Dollar � Swiss Franc

Canadian Dollar � Japanese Yen

For the answer, please click this link
http://pull.xmr3.com/p/204209-9589/26305861/clickto1_=email03a-keyword=oil+article.html

If you got the right answer, you recognize the vital connection between oil prices and currency strength, and you may have what it takes to trade currency.

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