**It's not perfectly aligned, but it's pretty close.
Can you redraw your US$$ and oil charts with the same origination point and scale? Best yet, superimpose them. Interesting correlation ~ 1/94-7/94, 1/97-7/98-, and 7/00-1/01.
Actually, I've been looking for a "US dollar vs Oil" chart similar to the ones below.
>>>The phenomenal exponential growth of the S&P 500 following the massive goosing of M3 is very evident in the graph. Money available in an economy and stock market valuations have generally been strongly positively correlated all throughout history, in many different countries.<<<