Oil is a topic of conversation now more than ever and with the recent testimony from Soros et-al in the press right now, we may see some additional volatility in the oil market as investors try to manage the bubble. The forex is certainly not immune to changes in the oil market and there are several ways to manage this risk as well as take advantage of the opportunity.

I get the feeling that a lot of forex traders focus on the CAD as a way to invest in oil prices both up and down. This is reasonable but there are alternatives that can be more focused and potentially more volatile. In today's video I wanted to walk through the technical status of two exotic currency alternatives to the CAD that may be a good way to leverage a decline in oil for profits.

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3.25 Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."