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Crude Oil Trading At January Levels, U.S. Dollar Strength Is To Blame

Crude Oil Trading At January Levels, U.S. Dollar Strength Is To Blame

FromSchwab Network


Crude Oil Trading At January Levels, U.S. Dollar Strength Is To Blame

FromSchwab Network

ratings:
Length:
6 minutes
Released:
Sep 26, 2022
Format:
Podcast episode

Description

"The crude oil price today is like catching a falling knife. The U.S. Dollar strength is causing investors to get out of their commodity positions. Money flow causes these price shifts and not supply and demand. Big moves in crude oil could create opportunity for investors to buy the dip. Fear in the global economy causes the U.S. Dollar price to increase as the currency is a flight to safety," says Chris Robinson.
Released:
Sep 26, 2022
Format:
Podcast episode

Titles in the series (100)

A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.