Archive for June 29th, 2026

New Overnight Developments Abroad - Daily Update

Week Begins With Oil Price Edging Higher and Dollar Somewhat Softer

June 29, 2026

(133) Contrary to earlier this year when the dollar benefited from Middle East tensions and uncertainty, that linkage has lately broken down. The price of West Texas Intermediate crude oil bounced back above the $70 per barrel threshold, but America’s currency has eased 0.3% against sterling, 0.2% relative to the euro, Swiss franc, kiwi and […] More

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