Yes the dollar is absorbing liquidity as other currencies continue to weaken and they're offering a slightly higher interest rate now there's a flight towards the dollar hoping to suck inflation out of assets, but it's also sucking it out of risk currencies, not only risk assets.

The only currency that seems to be immune to it, i the ruble, something I don't think brent accounts for or predicted and I think it's going to become a big factor in the coming months