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US Dollar Consolidates As Oil Rebounds

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jun 11, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Rising oil prices mixed with fading growth prospects pressed on the US dollar, and led the currency to weaken against all of its major counterparts. In the fray, the commodity currencies picked up minor gains against the greenback though oil prices rose above $136/bbl. The low yielding Swiss franc soaked...

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