Dollar falls under oil pressure

July 2, 2008 | Leave a Comment

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 francs in current trade after surpassing 1.05 recently. Read more