Fratzscher, Marcel; Schneider, Daniel; Robays, Ine Van - CESifo - 2013
This paper takes a financial market perspective in examining the relationship between oil prices, the US dollar and … bidirectional causality between the US dollar and oil prices since the early 2000s. Moreover, both oil prices and the US dollar are … strong and rising negative correlation between oil prices and the US dollar since the early 2000s, with risk shocks and the …