#dollarUnmoderated tag#dollarHotkirax in # dollar • 2 days ago • 1 min readThe US Dollar and oil prices have never moved this closely together:The US Dollar and oil prices have never moved this closely together: The 60-day correlation between Brent crude oil prices and the Bloomberg Dollar Spot Index is up to 0.55, the highest since the index was launched in 2005. A reading above 0.50 has only occurred once before, in late-2025. This positive relationship emerged in early March…