A rally today of the US Dollar may also be contributing to the sell-off in crude oil. Or is the sell-off in crude contributing to today's rally in the US Dollar? The 120 minute chart on the left seems to signal that the US Dollar is struggling to form --- and sustain -- a floor in the 71.75-72.00 range.Tuesday, May 27, 2008
US Dollar Rallies -- For Once!
A rally today of the US Dollar may also be contributing to the sell-off in crude oil. Or is the sell-off in crude contributing to today's rally in the US Dollar? The 120 minute chart on the left seems to signal that the US Dollar is struggling to form --- and sustain -- a floor in the 71.75-72.00 range.
