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US Dollar Consolidates as Oil Rallies Above $122

Discussion in 'Fundamental Analysis' started by ActionForex.com, May 6, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    The US dollar racked up losses as it slid against all of the major currencies, with investors turning bearish against the greenback as oil prices surged above $122 a barrel. As a result, the commodity currencies picked up the most gains against the US dollar, with the Canadian dollar taking...

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