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.
Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities.