This chart has a lot of information on it and it’s probably the most complicated I’ll get when it comes to describing price action. I wanted to show you how the US Dollar compares in price to Carnival Corp. When the value of the Dollar goes up, CCL goes down and vice versa. When the value of the Dollar goes down versus other global currencies, the European market enjoys cheaper cruise prices, which is why I believe these two are inversely related.
Options Oracle: 05/24/13
Posted on May 24, 2013 by AJ Monte in Options Oracles
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