Energy Vs Finance

[Aditya Chitral]

Over the last few days, whenever the DJ has been down, the two most affected sectors have been the financial and energy.

I can comprehend about the financial sector. What about energy ?

Why isnt it being talked about too much ?

Is it all lost amidst the credit crisis ?

Or do I overlook a lot of news

 

[woody]

I'd guess there are way more financial publications than energy publications (for the general public). The subject can be rather dull, discussing shipping rates and exploration equipment leasing and government regulations and company merges and hedging methodologies (more interesting for us folks). It's complex and less 'sexy.'

I visit theoildrum.com daily where they have a 'drum beat' post linking to many energy articles.

 

[doug reich]

Speaking of trends... I just noticed how much the dollar is up against other currencies. If we have jobs, soon we'll soon be the ones taking trips abroad...

USDEUR=X: Summary for USD to EUR - Yahoo! Finance

USDGBP=X: Summary for USD to GBP - Yahoo! Finance

The opposite recent trend with the Yen, but that's the big news today.

USDJPY=X: Summary for USD to JPY - Yahoo! Finance

 

[Aditya Chitral]

Indian Rupee:

Dec 2004: around 44/$

Feb 2008: around 38/$

Oct 2008: 50/$

I had to correct my assumption that foreign exchange markets are not very volatile.