Oil and the dollar are doing something they have only done 11 times in the past 35 years
May 09, 2018 at 13:11 PM EDT
Crude-oil prices surged by more than 10% in the past month and the U.S. dollar jumped by more than 3% in the same period—it is a dynamic that has only happened 11 times since 1983 and it has drawn the attention of market participants attempting to assess the significance of the unusual market dynamic.
