Dollar Strength a Contributing Factor in Oil Price Pullback
July 20, 2022 at 16:51 PM EDT
Much has been written about the strong dollar, which has been bolstered by rising interest rates and a flight to safety amid recession concerns and weakness in Europe. A strong dollar has far-reaching implications for earnings, trade, and commodities priced in dollars, including oil. Typically, dollar strength or weakness takes a backseat to other fundamental [...] The post Dollar Strength a Contributing Factor in Oil Price Pullback appeared first on ETF Trends .