Sunday, September 27, 2009

The dollar and oil prices


market has risen in recent weeks as the dollar has moved lower. That's largely because of a run-up in energy and natural-resources stocks and in stocks of companies with large business presences outside the United States. Oil prices fell 8% this week to $66.01 a barrel as the dollar appeared to bottom out against the pound and euro. If the dollar falls again, oil and other commodity prices will rebound

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