We use cookies, and by continuing to use this site or clicking "Agree" you agree to their use. Full details are in our Cookie Policy.
Accept

Currency

Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.

  • Newest
  • Popular

Oil-forex correlations: how to trade oil with forex

Forex traders can look to take advantage of fluctuations in oil prices around OPEC announcements and other major events by trading correlated currencies. Discover how to trade oil on FX markets, and which currency pairs are linked to oil prices.

Why Opec matters for FX:

The oil cartel meets today, and the market is expecting it to extend the period of production cuts by an extra nine months, through to March 2018. This has been widely signalled after Russia (a non-Opec member) and Saudi Arabia said that they would support an extension of the cuts last week.

May 24, 2017 08:50 PM

    What does a Trump presidency mean for the markets?

    Donald Trump Fact file   Controversial billionaire businessman, celebrity, host of reality TV show The Apprentice and now President elect, Donald Trump was born on […]

    Open an account today

    Tight spreads from 0.5 pts on FX and 1 pt on indices.

    Award-winning platforms with fast and secure execution.

    Trade now

    30 days risk-free trading with £10,000 in virtual funds

    Try a demo

    StoneX Financial Ltd (trading as “City Index”) is an execution-only service provider. This material, whether or not it states any opinions, is for general information purposes only and it does not take into account your personal circumstances or objectives. This material has been prepared using the thoughts and opinions of the author and these may change. However, City Index does not plan to provide further updates to any material once published and it is not under any obligation to keep this material up to date. This material is short term in nature and may only relate to facts and circumstances existing at a specific time or day. Nothing in this material is (or should be considered to be) financial, investment, legal, tax or other advice and no reliance should be placed on it.

    No opinion given in this material constitutes a recommendation by City Index or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although City Index is not specifically prevented from dealing before providing this material, City Index does not seek to take advantage of the material prior to its dissemination. This material is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

    For further details see our full non-independent research disclaimer and quarterly summary.