Is the dollar rising because oil is falling or is oil falling because the dollar is rising?

MNSL answered 3 months ago …

Generally stronger dollar curbs commodity appeal. However, according to top investment bank falling oil prices has made dollar undervalued against Euro.

Pl read following link:

http://seekingalpha.com/article/90917-institutional-speculators-disrupt-fu tures-markets-the-evidence-mounts

Institutional speculators have made the futures markets almost useless for farmers, grain elevators, exporters and grain and soybeans processors who traditionally use the markets to hedge their risks. Congress and the Commodity Futures Trading Commission are studying the roles of institutional speculators and considering new regulations that will make their activities easy to track and regulate
And its becoming even more clear that sovereign wealth funds, which invest surplus dollars for foreign governments, have been buying oil and other commodities futures prices, inflating the oil prices that their governments collect from American consumers.
Yes, they are hedging against a weak dollar, and they're also helping weaken the dollar in the process.