European Tribune - Comments - The US EU relationship is not working

The US EU relationship is not working | 130 comments (130 topical, 0 editorial, 0 hidden)

Re: "Markets can remain irrational... (none / 1)

With Oil being denominated in $, everyone who needs oil will hedge against Oil price volatility in $ by buying ahead in $ and buying $ to do so. - e.g. Ryanair usually hedges up to 75% of requirements at least 12-18 months in advance and thus there is a huge incentive to keep buying $ no matter what..

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by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Sun Jul 18th, 2010 at 04:36:57 PM EST
[ Parent ]

Re: "Markets can remain irrational... (none / 1)

thanks, it's very clear now, especially what leverage the $ being denominated as oil value metric gives.

~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~

by melo (melometa4(at)gmail.com) on Sun Jul 18th, 2010 at 05:39:42 PM EST
[ Parent ]

The US EU relationship is not working | 130 comments (130 topical, 0 editorial, 0 hidden)

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