Oil prices and the us dollar
29 Apr 2017 ABSTRACTThis article examines the nonlinear Granger causality and time- varying influence between crude oil prices and the US dollar (USD) 26 Aug 2015 The two graphs illustrate the relationship between the price index of crude oil and the coffee futures prices of Arabica and. Robusta. Visual Historically, the price of oil is inversely related to the price of the U.S. dollar. The explanation for this relationship is based on two well-known premises. A barrel of oil is priced in U.S. dollars across the world. When the U.S. dollar is strong, you need fewer U.S. dollars to buy a barrel of oil.