« budget deficit and the dollar | Main | pound takes a hit »

dollar and oil supplies

On Tuesday, the 5th, the dollar was still scratching against the other major currencies. Risk appetite seems to be diminishing, but traders pulled away from going to the dollar. The dollar hit a ow against the pound it had not seen since last fall.

Oil invetories are higher, however crude is testing $72. U.S. commercial crude inventories went up by 1.7 million barrels in the previous week.

 

TrackBack

TrackBack URL for this entry:
http://westhamlet.com/blog-mt4/mt-tb.fcgi/34


Hosting by Yahoo!

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)