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Dollar Shock: Today U.S. Dollar Falls Record Amount Against Euro
Today the U.S. dollar fell against the euro by the most since the currency was introduced in 1999 on fears the massive U.S. central bank intervention and record deficits will create an inflationary environment. The dollar was also weak against other major currencies, including the Yen - hitting a 13 year low against the [...]
Stocks Breaking: Oil Rose 10% Again On Weak Dollar and Saudi Comments
By Alex Truth www.tradingstockindices.com
Today, 12th december Crude rose over $4 today, which is about 10%, to $48 per barrel due to a weak USD
and some comments out of Saudi that they have delivered the output cuts
promised to OPEC.
Oil minister of Saudi Arabia, Ali al-Naimi, …”the kingdom pumped 8.493
million barrels in November, which is close to [...]
Stock Market: Why Dollar Must Decouple from Stocks
The dollar dived to a 13-year low against the yen on Friday after the U.S. Senate failed to agree a bailout for U.S. automakers, raising the prospect Japanese authorities may intervene to stem the yen’s rise.
US Markets & the Dollar Are Decoupling?
The U.S. stock market fell and the greenback weakened in Thursday’s trade, [...]
