Will crude oil fall when the US dollar index falls?
No, the US dollar index once fell by nearly 0.7% to 103.947, which was suppressed by the surge of the yen. Nevertheless, the prospect of oil demand will be the key to determine whether the price of crude oil can continue to rise. By the close of 2023 10/3, the dollar index began to bottom out around 10, crude oil began to rebound, and the stock market also rose with the trend, bringing all stocks and futures together.