You Can Only Choose One: Cheap Oil or a Weak Dollar - InvestingChannel News

You Can Only Choose One: Cheap Oil or a Weak Dollar

When the price of oil rises to the point of pain, just remember the handy-dandy discount mechanism: a much stronger US dollar.Glance at this chart of the trade-weighted U.S. dollar, and note the swing highs and lows in the price of oil per barrel aroun…

The post You Can Only Choose One: Cheap Oil or a Weak Dollar was originally published at The Wall Street Examiner. Follow the money!