Goldman Sachs on the oil-USD correlation
Historically, the dollar has been negatively correlated with oil prices, meaning low oil prices have coincided with a strong dollar, while high oil prices have typically come when the Dollar has been weak.
Goldman Sachs on the oil-USD correlation
Historically, the dollar has been negatively correlated with oil prices, meaning low oil prices have coincided with a strong dollar, while high oil prices have typically come when the Dollar has been weak.