Steve Forbes: Weak Oil Dollars

Steve Forbes Money Quote saying any commodity tied to the U.S. dollar tend to fluctuate with the currency. Steve Forbes said:
 

 

“Over time, there’s a very close correlation between what happens to the dollar and what happens to the price of oil. When the dollar gets weak, the price of oil, which, as you know, and other commodities are denominated in dollars, they go up” — Steve Forbes

 
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Categories: investment Tagged:commoditiesdollardollarspricesteve forbes