U.S. Dollar weakness is pushing oil price higher - Jan 15

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

U.S. Dollar weakness is pushing oil price higher - Jan 15

Post by dan_s »

https://www.marketwatch.com/investing/index/dxy

As you can see in the 6-month chart at the link above, the U.S. dollar has declined by ~10% since October, primarily due to the Euro strengthening.
Dan Steffens
Energy Prospectus Group
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