As oil fell for six straight months in the second half of 2014, plunging 47% to post its biggest decline since the 2008-09 crisis, the reaction in energy-dependent currencies has yet to unravel.

After six years of a zero-interest-rate-policy (ZIRP), U.S. interest rates are set to go up. But that does not mean a straight shot up. The Fed has not been in a hurry and with inflation low, can manage the next stage of interest rate management.
The Reserve Bank of India cut its policy interest rate to a 4-1/2 year low of 6.75% on Tuesday, in a bigger-than-expected move that, with inflation running at record lows, could help an economy in danger of slowing down.

Looking to leverage the upside of inevitable rising precious metals prices without the risk of buying mining company stocks?

The U.S. dollar slipped this morning as a global selloff saw the Dow decline triple digits and traders moved to safe-haven currencies.
The Swiss competition watchdog has launched an investigation into possible collusion in the precious metals market by several major banks, it said on Monday, the latest in a string of probes into gold, silver, platinum and palladium pricing.
The European Central Bank will increase its monthly asset purchases program in the next six months, according to a slim majority of euro money market traders polled by Reuters on Monday.
Gold sharply extended its gains for a second day on Thursday and more than made up the losses suffered earlier in the week. Though the metal was slightly lower at the time of this writing on Friday, it is still holding in the positive territory for the week and thus remains on course to post its second two-week rally since the second week of August.
The U.S. dollar was gaining this morning on a stronger-than-expected GDP report, rising expectations of a Fed rate hike, and easing concerns about global growth. Second quarter GDP was up 3.9%, well ahead of consensus expectations of 3.7%.
Crude oil prices edged up on Friday boosted by stronger than expected U.S. economic data though the longer-term outlook for energy markets remains weak due to a global oil supply glut and uncertainty over economic growth prospects in Asia.