The Strong Dollar ($) and the Oil Price: How does a Strong USD Impact the Oil Price?

How does a strong USD impact the oil price? How does a strong USD impact the oil price and global demand? PLEASE: Support us! Like this video if you found it useful. How much of the drop in oil prices is due to the strong and rising dollar? Gaurav Sharma comments. The commodities market as a whole is egged on by the USA dollar; most of the commodities are dollar denominated. In 2018 when the USA dollar was suffering, imagine those days where a pound fetched two dollars and 7 cents, post-brexit we are at a dollar and 22 cents. The thing is that the dollar suddenly started to creep upwards

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