New Developments Abroad: Oil Again Soaring And Dollar Soft
June 30, 2008
Oil (142.88/barrel) is 1.9% above Friday’s closing level and near the $142.99 record high. Gold firmed 0.4% to $935.40/ounce. The U.S. dollar shows fresh losses of 0.8% against the Australian dollar, which hit its strongest level since February 1983, and the yen. The buck also lost 0.6% against the kiwi, 0.3% against the Canadian dollar and [...]
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