Originally Posted by doridori

quite the opposite. the USD is making a great comeback. large hedge funds have had their buy positions since spring.

this leads to the fall in crude oil prices. i believe they are denominated in USD, so as the USD rises, the oil prices must fall. one of the reasons why OPEC kinda ignored USA was because of the fall in USD, which would mean less cash for the sand playboys, and lo behold prices shot up and they are happier than ever, but once usd completely strengthens (will never happen for quite some time), oil price should be much lower than it is now.