Oil and the dollar: what's the real link?

Oil is priced in dollars, and higher oil prices feed inflation, which can push central banks to raise rates — but the chain is long and full of exceptions. Traders who say "oil up, dollar down" are oversimplifying.

How do you think about it?

• the pairs where oil matters most to you
• whether oil prices change your inflation expectations
• the oil-dollar relationship as you've actually observed it

The oil and CAD guide traces one concrete link.