Jan 18
As the dollar has rebounded from some recently disappointing jobs news, it has pushed back against recent gains in oil prices and gold prices. A barrel of oil fell below $79 in Friday (January 15) morning trade on the New York Mercantile Exchange.
Recent demand that has reduced US crude stockpiles pushed oil prices over the $80 level, but the overall resurgence of the dollar to start 2010 has kept price levels in check. Gold and other major currencies have also been impacted by the general perception among analysts …
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