Weekly Review and Outlook: Dollar Broadly Lower on Record Oil Prices

  • May 25, 2008

The greenback continued to be pressured by another week of rally in commodity prices and weakness in the US stock markets and was sent lower against most majors currencies last week. Oil soared to new record high above $135 a barrel and settled to close at $132. Gold also rebounded…
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May 25th, 2008
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