Thursday, July 23, 2015

Another backwards headline

Headline reads: "Oil edges higher as dollar drops" here at Reuters.

LONDON (Reuters) - Oil prices edged higher on Thursday, aided by a drop in the dollar,

Should be: "Dollar drops as Oil Edges higher"

Reflecting the adjustment in terms of trade as external sources of oil are getting a bit better price for their oil in USD terms.

1 comment:

Ryan Harris said...

All driven by the employment headline, of course.