This article deals with an analysis of the relationship between the Brent oil price and the US dollar price. This paper analyses the development of the intensity and direction of dependence between the nominal effective exchange rate of the US dollar and the price of Brent oil and other commodities, such as industrial metals, agricultural commodities, gold (including jewellery and platinum) in the period from January 1994 to April 2018. The next section tests the hypothesis that there is a short-term relationship between the effective US dollar exchange rate and the oil price. The last part of the article deals with the question whether there is a long-term relationship between these variables: Brent oil price, effective exchange rate of the US dollar, industrial production index in OECD countries, three-month treasury bill, US ending stocks of crude oil, US percent utilization of refinery operable capacity and the price of ethanol.

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布伦特原油价格与美元汇率之间的关系

本文分析了布伦特原油价格和美元价格之间的关系。本文分析了美元名义有效汇率与布伦特原油和其他商品（例如工业金属，农产品，黄金（包括珠宝和铂金））价格之间的依赖关系的强度和方向的发展。从1994年1月到2018年4月。下一部分测试假设，即有效美元汇率与油价之间存在短期关系。本文的最后一部分讨论了以下变量之间是否存在长期关系：布伦特原油价格，美元有效汇率，经合组织国家的工业生产指数，三个月的国库券，