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The Dollar Gains on GDP Report/Oil Pullback

Discussion in 'Fundamental Analysis' started by ActionForex.com, Aug 28, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    A better-than-expected preliminary read on Q2 GDP, along with a big pullback in oil, has helped the dollar to gain against most major currencies with he dollar index advancing 7.4 basis points (0.1%) to 77.125. In recent trade, oil had declined 2.3% to $115.40 per barrel after the EIA said...

    complete article here...

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