Crikey, that’s quite a spike in WTI oil futures on Friday:

Interestingly, this is how the dollar is trading versus the euro on Friday:

Dollar index:

No similarity there at all, huh?

Related links:
So who says there’s no oil/dollar correlation – FT Alphaville
The coming oil-equity disconnect or the end of efficient markets theory? - FT Alphaville
Oil, the great inflation hedge – FT Alphaville

This entry was posted by Izabella Kaminska on Friday, May 29th, 2009 at 12:27 and is filed under Capital markets, Commodities. Tagged with Dollar, nymex wti futures, oil. Edit this entry.