The rebound in the dollar exacerbates the fall in the oil price

In this week’s Macro & Oil report of the EnergyScan podcast, Olivier Gasnier explains why the dollar has just rebounded to its highest level in two months as the US economy sends worrying signals and the Fed may have completed its rate hike. The dollar is a safe haven. Its rise reinforces the downward pressure on the price of oil, which has just recorded its 4th consecutive week of decline.