How much does crude oil prices affect the stock market, Forex, etc? -

High oil prices tend to cause inflation, which tends to depress stocks. And a low dollar tends to raise oil prices, as it does with all commodities. there is no direct link, but one does influence the other, obviously when oil prices get high, airline stocks are under pressure,, when oil rises, oil services companies get richer, ect, ect, ect, oil has a small impact on a lot of industries, and as such,, their stock prices,, you should check out www.thewallstreethunter.com they talk daily about market happenings, which recently has been about oil.... Good luck.... there are pairs which are more affected by oil than others, the USD/CAD tracks the price of oil since we consume oil and they produce it, overlay the price of oil with the USD/CAD and you can see the correlation. same with the EUR/CAD and CAD/JPY they consume alot of oil too. good trading mark mc donnell www.forexearlywarning.com