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Friday, October 28, 2016

Myths About Oil And The Dollar


INO.com Traders Blog http://ift.tt/2fng1An Oil prices and the dollar have been highly negatively correlated during the oil price collapse. From June 2014 through September 2016, the correlation has been -95%. In financial articles, it's a commonplace to read that oil prices fell because the dollar strengthened, or oil prices rose because the dollar weakened. This is largely a confusion […]

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