July, 2008
LiveWire Economics Blog - July 2, 2008 9:17
Dollar falls under oil pressure
The dollar, which had remained relatively firm for several weeks despite mounting pressure from rising oil and gas prices, has succumbed a bit to start the new week of currency speculation. After clearing 108 yen last week, the dollar currently (July 1) nets just below 106 yen. The dollar is also worth just 1.0179 Swiss [...]
Most Popular Content
- Gold Futures Fell to their Lowest in Four Months
- Crude Oil Declines in Expectations of Higher Supplies
- Currency Trading Outlook for the Week Ending May 18th
- US Posts Budget Surplus for the First Time Since 2008
- Oil Recovers on Weaker Dollar
- Gold Ends Higher on Eased Concerns over Europe’s Banking Sector
- China Reports Surprise Decline its Trade Data
- Australian Dollar Plunges on Weaker Trade Data