Oil and the dollar no longer linked
The correlation between oil prices and the dollar seen since the third quarter of 2007 has weakened. Investors had sold the dollar as U.S. economic prospects dimmed and bought oil as a hedge against inflation and uncertainties in the supply of raw materials. The relationship eased late last year as fundamental [...]
http://feeds.reuters.com/~r/reuters/blogs/grains-insight/~3/8A27MTT85LM/