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Dollar Strength a Contributing Factor in Oil Price Pullback

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 .
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