The Currency Report - U.S. Dollar, Japanese Yen
Seeking Safety in Dollars and Yen (Bloomberg News)
Category: News & Politics
Tags: Personal Finance Business Economy International Government Politics Science Technology Energy Oil Editors Pick
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Friday, July 10, 2009
Oil Price Volatile
One Year Anniversary of Oil's Intraday Record High - Analysis and Discussion with Maynard Holt of Tudor, Pickering, Holt & Co. (Bloomberg News)
Oil closed 2008 at $44.60 after falling from $147 nearly a year ago. Crude then surged from below $35 in March in part on investor concern that massive U.S. fiscal stimulus spending will eventually spark high inflation. Investors often buy commodities such as crude as a hedge against a weakening dollar and inflation.
Category: News & Politics
Tags: Law Legal Issues Business Economy Energy International Government Politics Science Technology Oil Natural Gas Editors Pick
Oil closed 2008 at $44.60 after falling from $147 nearly a year ago. Crude then surged from below $35 in March in part on investor concern that massive U.S. fiscal stimulus spending will eventually spark high inflation. Investors often buy commodities such as crude as a hedge against a weakening dollar and inflation.
Category: News & Politics
Tags: Law Legal Issues Business Economy Energy International Government Politics Science Technology Oil Natural Gas Editors Pick
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Crude Oil Price
The Euro Under Pressure
Analysis and Discussion with Ian Stannard of BNP Paribas (Bloomberg News)
The fall below $ 1.4080, as expected, resulted in a further weakening of the single European currency, now trading around $ 1.4065, to find some support in the area of $ 1.4045. Dealers, however, pay attention to the fact that the news about lowering the credit rating of Ireland was not helped to improve an already negative mood, and a foot below the $ 1.4045 to be in jeopardy. Currency strategists BNP Paribas, meanwhile, also saw the risk of continuing in the direction of the fall of the euro to $ 1.4000, while it should be noted that in the area of the figure is страйк major option and, while small orders for the purchase of stored near $ 1.4020, testing support at the $ 1.4000 is very likely.
Tags: Personal Finance Business Economy International Banking Government Politics Editors Pick
The fall below $ 1.4080, as expected, resulted in a further weakening of the single European currency, now trading around $ 1.4065, to find some support in the area of $ 1.4045. Dealers, however, pay attention to the fact that the news about lowering the credit rating of Ireland was not helped to improve an already negative mood, and a foot below the $ 1.4045 to be in jeopardy. Currency strategists BNP Paribas, meanwhile, also saw the risk of continuing in the direction of the fall of the euro to $ 1.4000, while it should be noted that in the area of the figure is страйк major option and, while small orders for the purchase of stored near $ 1.4020, testing support at the $ 1.4000 is very likely.
Tags: Personal Finance Business Economy International Banking Government Politics Editors Pick
Labels:
euro
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