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#20504 (permalink)

07-07-2009, 09:56 AM

D_Caron

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Join Date: Jun 2009

Posts: 61

D_Caron is an unknown quantity at this point

Quote:

Originally Posted by Icefox

Yeah, I see. Can it get some divergence over there? I'm not an expert in crude oil affairs..

In crude "light sweet" you get contango, and backwardation, for futures contracts, both leading indicators if USD follows the trend of if oil futures go up dollar goes down, and inversely if UDS goes up when futures contracts go down. we had contango, but now we have backwardation.

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