Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: driftdiver

Oil is traded in dollars. Weaker oil prices have historically meant a stronger dollar.


43 posted on 11/30/2014 5:34:52 PM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
[ Post Reply | Private Reply | To 39 | View Replies ]


To: abb

Yes but why? Why is the dollar stronger. Or is it the other currencies are that much weaker.


46 posted on 11/30/2014 5:37:48 PM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
[ Post Reply | Private Reply | To 43 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson