Fed Easing: No Free Lunch for Dollar, Oil and Commodities [View article]
We import 10 million barrels of oil a day. This means $1 Billion a day at $100/barrel. When the price of oil declines net imports will decline also recursively making the US Dollar stronger.
Fed Easing: No Free Lunch for Dollar, Oil and Commodities [View article]
When the price of oil declines net imports will decline also recursively making the US Dollar stronger.