As you might expect, as the dollar typically moves inversely to oil, a falling dollar is bullish for oil prices. Just look back to the Bush administration's "weak dollar policy" and recall what it did for oil.
DBO seems to be faring well too
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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