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The influence of the international oil price on the EUR/USD exchange rate

dc.contributor.authorDias, Rui
dc.contributor.authorGalvão, Rosa
dc.contributor.authorAlexandre, Paulo
dc.contributor.authorTeixeira, Nuno
dc.contributor.authorPalma, Cristina
dc.contributor.authorLeote, Francisco
dc.date.accessioned2025-04-28T10:08:10Z
dc.date.available2025-04-28T10:08:10Z
dc.date.issued2025
dc.description.abstractThe study analyses the influence of the international oil price, focusing on the CBOE Crude Oil Volatility Index and Brent crude oil, on the main exchange rates: EUR/GBP, EUR/USD, GBP/USD, USD/CHF and USD/JPY. The analysis covers the period from 3 January 2022 to 8 December 2024 to examine the relationship between fluctuations in the oil market and the behaviour of exchange rates. The results show that the CBOE index directly impacts the EUR/GBP currency pair, reflecting the influence of global volatility on financial markets. The EUR/USD pair is influenced by the behaviour of the USD/JPY currency pair, showing the interconnection between the major currencies. Brent futures significantly affect the USD/CHF and USD/JPY currency pairs due to the importance of oil as a strategic commodity and the sensitivity of currencies such as the Yen and Swiss franc to fluctuations in energy prices. These relationships show the strong interconnectedness of global markets, highlighting the importance of informed risk management and decision-making strategies in interdependent environments.por
dc.identifier.citationDias, R., Galvão, R., Alexandre, P., Teixeira, N., Palma, C. & Leote, F.(2025). The Influence of the International Oil Price on the EUR/USD Exchange Rate. Journal of Ecohumanism, 4(4), 160 –. https://doi.org/10.62754/joe.v4i4.6719
dc.identifier.doi10.62754/joe.v4i4.6719
dc.identifier.issn2752-6801
dc.identifier.urihttp://hdl.handle.net/10400.26/57754
dc.language.isoeng
dc.peerreviewedyes
dc.relation.hasversionhttps://ecohumanism.co.uk/joe/ecohumanism/article/view/6719
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.subjectCBOE Crude Oil Volatility
dc.subjectExchange Rates
dc.subjectMovements
dc.subjectVolatility
dc.subjectPortfolio Rebalancing
dc.titleThe influence of the international oil price on the EUR/USD exchange rateeng
dc.typecontribution to journal
dspace.entity.typePublication
oaire.versionhttp://purl.org/coar/version/c_970fb48d4fbd8a85

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