Wednesday, October 5, 2011
Effect of Commodity Price Of Forex Trading
Commodity price developments and the index is currently providing a significant impact on several developments in trading Forex currency. Only a few commodities such as crude oil, gold, natural gas that is able to make a strong influence on the rise and fall of the USD and other currencies. Likewise with pegaruh stock movement in America is merged with the Dow Jones Index. If the movement of stocks in a country generally has decreased the value of the currency country will also be corrected down.
Crude oil
Crude oil, or better known as Crude Oil is a commodity and the world needs at this time. Even Indonesia is also experiencing the oil crisis at the moment.
Crude Oil Composition:
Carbon dioxide (CO2): 83-87%
Hydrogen (H2): 10-14%
Nitrogen (N2): 0.1-2%
Oxygen (O2): 0.1-1.5%
Sulfur (Sf): 0.5-6%
Other metals: <1000 ppm
The output of crude oil that is used day-to-day is diesel, gasoline, pertamax, etc.. 84% of crude oil will be processed into vehicle fuels such as gasoline, fuel diesel and jet aircraft, earth heating heating materials, other fuels, liquefied petroleum gas and liquefied gas.
Barrel is a unit of crude oil into a medium of exchange dollar exchange rate. Selection of the dollar as a medium of exchange of oil and gold because the USD is known almost all over the world. Especially for oil, America is the world's highest oil consumption exceeds China. Barrels are also recognized and used as a tool unit of crude oil because it has been authorized to use the ISO 9001:2000 standard.
The usual categories of crude oil is traded in the world:
Recently the oil back down to the area under $ 120 per barrel. This is because there are storms that disrupt Edward oil & gas pipeline diteluk Mexico so that the oil sold under the normal price (sale) to save the existing inventory of the storm.
As in the previous explanations about the development of the world's oil exporting countries such as Canada's oil sales will decline because of falling world oil prices. Here we show the chart of USD / CAD as oil fell from $ 147.47 (July 15, 2008) to $ 118.38 (August 6, 2008).
With the rise in world crude oil prices then:
Gold
Who is not familiar with this one commodity, namely gold, where gold is used as a standard unit based on the Bretton Woods system. Gold symbol is XAU based on ISO standards. The size of the purity of gold is known as rust. The most pure is 24 karat. Gold prices are high at the moment because there is very limited. The first time the U.S. government fix the price of gold to $ 20.67 per troy ounce ($ 664.56 / kg), in 1934 rose to $ 35 per troy ounce or Setar to $ 1,125.27 per kg.
In 1961 the United States and Europe make up the market price manipulation in gold prices soar at this time. Current gold price is $ 892.4 per onz. In 2005 the agency the World Gold Council estimates gold supplies in the world today reached 3859 tons. If the reduced demand for gold which totals 3754 tons then there is still residual of about 105 tons.
Gold is the standard value of most currencies like the United States. It can be said gold is a precious commodity second only to oil. Country's most sensitive to fluctuations in gold prices are AUD. Here we show the value of AUD / USD when the price of gold hit $ 957 per ounce (15 July) and the latest data (August 6, 2008) when the price of gold reached $ 891 per ounce.
Dow Jones Index
Dow Jones Index is a main index that includes all services including currency exchange rates and various other investment products. Better known is the Dow Jones Industrial Average or better known as the Dow Jones Index 130 000 kinds of products which include fixed income and alternative investments, including hedge fund investment and commodity markets. DJI is also the owner of the Dow Jones STOXX Index, one of the base index in which there is the European index, the Wilshire Associates (Dow Jones Wilshire Global Index), which consists of data the Dow Jones Wilshire 5000 index in which there are in 60 countries and 12,000 securities firms. Systems contained therein is an integrated and unified system that is integrated with one another.
The point the Dow Jones Index reflects the 95% capitalization U.S. companies, small and medium enterprises outside of the slow movement of its stock.
If the movement is weakened or strengthened the DJI USD currency movements will also be affected. If all stock prices are incorporated in the DJI rose then the USD will also tend to rise, demikikan otherwise.
Crude oil
Crude oil, or better known as Crude Oil is a commodity and the world needs at this time. Even Indonesia is also experiencing the oil crisis at the moment.
Crude Oil Composition:
Carbon dioxide (CO2): 83-87%
Hydrogen (H2): 10-14%
Nitrogen (N2): 0.1-2%
Oxygen (O2): 0.1-1.5%
Sulfur (Sf): 0.5-6%
Other metals: <1000 ppm
The output of crude oil that is used day-to-day is diesel, gasoline, pertamax, etc.. 84% of crude oil will be processed into vehicle fuels such as gasoline, fuel diesel and jet aircraft, earth heating heating materials, other fuels, liquefied petroleum gas and liquefied gas.
Barrel is a unit of crude oil into a medium of exchange dollar exchange rate. Selection of the dollar as a medium of exchange of oil and gold because the USD is known almost all over the world. Especially for oil, America is the world's highest oil consumption exceeds China. Barrels are also recognized and used as a tool unit of crude oil because it has been authorized to use the ISO 9001:2000 standard.
The usual categories of crude oil is traded in the world:
- West Texas Intermediate (WTI), which is the highest quality, sweet, golden yellow oil produced in Cushing, Oklahoma (United States).
- Dubai-Oman, is supplied to the Middle East and Asia Pacific.
- Tapis (manufactured in Malaysia, is supplied to East Asia).
- Brent Blend, which consists of 15 kinds of the Brent and Ninian systems tested produced waters east Shetland Basin in the North Sea. The production base is in Sullom Voe, Shetland. Countries in Europe, Africa and the Middle East using this oil as a standard means of exchange of commodities.
- Minas (manufactured in Indonesia, is also supplied to East Asia).
- OPEC Reference Basket, produced in member countries of OPEC.
Recently the oil back down to the area under $ 120 per barrel. This is because there are storms that disrupt Edward oil & gas pipeline diteluk Mexico so that the oil sold under the normal price (sale) to save the existing inventory of the storm.
As in the previous explanations about the development of the world's oil exporting countries such as Canada's oil sales will decline because of falling world oil prices. Here we show the chart of USD / CAD as oil fell from $ 147.47 (July 15, 2008) to $ 118.38 (August 6, 2008).
With the rise in world crude oil prices then:
- The USD will weaken. This is because the burden of the country's oil consumption will also increase the U.S. trade balance followed a negativ.
- Currency value of world oil exporting countries such as routine CAD (Canada), and NOR (Norway), will rise.
- Value of the currency pair (pair) against the USD the other like AUD / USD, EUR / USD, GBP / USD, and NZD / USD pair is followed by weakening of the USD / CHF, USD / JPY and USD / CAD.
Gold
Who is not familiar with this one commodity, namely gold, where gold is used as a standard unit based on the Bretton Woods system. Gold symbol is XAU based on ISO standards. The size of the purity of gold is known as rust. The most pure is 24 karat. Gold prices are high at the moment because there is very limited. The first time the U.S. government fix the price of gold to $ 20.67 per troy ounce ($ 664.56 / kg), in 1934 rose to $ 35 per troy ounce or Setar to $ 1,125.27 per kg.
In 1961 the United States and Europe make up the market price manipulation in gold prices soar at this time. Current gold price is $ 892.4 per onz. In 2005 the agency the World Gold Council estimates gold supplies in the world today reached 3859 tons. If the reduced demand for gold which totals 3754 tons then there is still residual of about 105 tons.
Gold is the standard value of most currencies like the United States. It can be said gold is a precious commodity second only to oil. Country's most sensitive to fluctuations in gold prices are AUD. Here we show the value of AUD / USD when the price of gold hit $ 957 per ounce (15 July) and the latest data (August 6, 2008) when the price of gold reached $ 891 per ounce.
Dow Jones Index
Dow Jones Index is a main index that includes all services including currency exchange rates and various other investment products. Better known is the Dow Jones Industrial Average or better known as the Dow Jones Index 130 000 kinds of products which include fixed income and alternative investments, including hedge fund investment and commodity markets. DJI is also the owner of the Dow Jones STOXX Index, one of the base index in which there is the European index, the Wilshire Associates (Dow Jones Wilshire Global Index), which consists of data the Dow Jones Wilshire 5000 index in which there are in 60 countries and 12,000 securities firms. Systems contained therein is an integrated and unified system that is integrated with one another.
The point the Dow Jones Index reflects the 95% capitalization U.S. companies, small and medium enterprises outside of the slow movement of its stock.
If the movement is weakened or strengthened the DJI USD currency movements will also be affected. If all stock prices are incorporated in the DJI rose then the USD will also tend to rise, demikikan otherwise.
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