The United States refers to foreign exchange, crude oil, the relationship between how much?
From the point of view of foreign exchange, the dollar index, gold, crude oil are foreign exchange varieties. That is, in the foreign exchange investment transactions, you can choose the dollar index, gold and crude oil investment. So they are also called "foreign exchange".
The relationship between the dollar index and crude oil: there are two relations between the dollar index and crude oilFirst, there is a positive correlation between gold and oil, that is, the price of gold and oil prices are usually positive changes. The rise in oil prices is expected to rise in gold prices, oil prices decline indicates that gold prices will fall.Second, the negative correlation between the dollar and oilThe U.S. economy has long relied on oil and $two pillar, its reliance on the dollar and the dollar Seigniorage in the market of international settlement on the monopoly position, grasp the dollar pricing; and strong military power, will be nearly 70% of the world's oil resources and oil transportation channel, under the direct influence and control, thus control of the global oil supply, the oil price. In the long run, when the dollar depreciates, oil prices rise; and when the dollar is hard, oil prices are on the decline.
The relationship between the dollar index and gold: the appreciation or depreciation of the U.S. dollar will directly affect the international gold supply and demand changes, resulting in changes in the price of gold. From the demand point of view, because the gold is priced in dollars, when the devaluation of the dollar, the use of other currencies to buy gold, the same amount of money can buy more gold, so as to stimulate demand, resulting in increased demand for gold, and then promote higher gold prices. On the other hand, if the dollar rises, the price of gold becomes more expensive for investors who use other currencies, thus inhibiting consumption, leading to a fall in the price of gold. The appreciation or depreciation of the dollar represents confidence in the dollar. The appreciation of the dollar, people enhance confidence in the dollar, so as to increase the dollar holdings, relatively reduced holdings of gold, leading to a fall in the price of gold; on the other hand, the depreciation of the dollar is causing the dollar price rise.
The relationship between the dollar index and foreign currencies: the dollar index is similar to the Dow Jones industrial average index showed the U.S. stock comprehensive state (Dow Jones Industrial Average), the dollar index shows the comprehensive value of the dollar. A measure of the strength of various currencies. Dollar index is to reflect the trend of the dollar, in general, the dollar index rose so the dollar rose non US currency fell. It is necessary to focus on the foreign exchange market. Therefore, the dollar index has a negative correlation with the non US currency in foreign exchange.
