The Traderszone Network

Published in TZ Latest News 27 November, 2016 by The TZ Newswire Staff

2 reasons why USD correlation with oil is ‘overstated’ – Goldman Sachs

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.