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September 01, 2020 10:18am
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A Weakening Dollar Could Boost Oil Prices and ‘DBO’

While a weakening dollar can strengthen commodities like gold, it can also be an indirect play on oil through assets like the Invesco DB Oil Fund (DBO). A weaker greenback means that other developed markets and emerging markets can purchase dollar-denominated assets like oil. In addition, tighter...
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