Hold it! The Fed has nothing to do w/ exchange rates. The Fed is concerned with inflation. Inflation and exchange rates are unrelated, they have virtually nothing to do with each other.
Sure is providing another opportunity to buy oil stocks at a better price.
Directly that is true. But if the dollar is strengthening it could cause (or be caused by) greater demand for dollars which is related to in/de-flation.tighten in a time of great demand for dollars and you cause deflation or at best disinflation.