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Crude Oil Soars As the USD Weakens

ForexTVBlog | Wed, 06/10/2009 - 1:33pm | crude oil, dollar exchange rate, dollar strength, employment data, trading oil, trading the dollar, USD |  1 comment

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Many analysts yesterday had anticipated a slight decline in the price of Crude Oil considering the recent strength in the USD brought on by last week’s employment data. However, oil prices surprised many traders today as the price continued to climb above $70 a barrel to hit a 7-m
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