Oil sinks on stronger dollar, slips below $116

Associated Press writers Alex Kennedy in Singapore and George Jahn in Vienna contributed to this report.
By MADLEN READ,AP Business Writer AP - 1 hour 27 minutes ago

NEW YORK - Oil prices resumed their descent Friday, dropping briefly below $116 a barrel as a huge jump in the U.S. dollar and expectations of slowing global demand offset supply concerns over a sabotaged pipeline in Turkey.

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Having seen this news @ 0109am . What impact does it has on FOREX ???...Which major pairs gonna get boosted ? OF COS, its the USD !

As for my forex game, After my last blog that i lost it all, I re-started and earned right up to 70k this afternoon.

However, just did a check an hour back on my last hold- EUR/JPY....

I lost it all again...all of my 70k USD....WHAT IS HAPPENING ?

Nevertheless....LETS start again...from now...