Crude Oil- Why a Stronger Dollar Will Not Cause the Price to fall

June 29, 2015

Crude oil has been stuck in a range with a pivot point of $60 lately. The dollar is starting to look like it will resume its ascent and move to parity against the euro. There is an inverse correlation between the dollar and commodity prices. In my latest article for Seeking Alpha I explain why I think even if the dollar rises, oil prices will not drop that much as prices are so much lower this year than last.

Article: Crude Oil- Why a Stronger Dollar Will Not Cause the Price to fall

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