PDA

View Full Version : Crude Oil Falls as Dollar's Gain Dims Appeal of Commodities - Bloomberg



NewsWhore
10-21-2008, 12:40 PM
<img alt="" height="1" width="1">
Crude Oil Falls as Dollar&#39;s Gain Dims Appeal of Commodities (http://news.google.com/news/url?sa=T&ct=us/9-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DacNgTCUkvcyU%26refer%3Dlatin_america&cid=1260685963&ei=WPn9SLHKMYu8yATVsLGkCQ&usg=AFQjCNFCZcVnYK7-2bNnYRHhgAIVoZvZgQ)
Bloomberg - 1 hour ago
Investors often sell crude and other dollar-priced commodities when the US currency gains, undermining their use as an inflation hedge. ...


More... (http://news.google.com/news/url?sa=T&ct=us/9-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DacNgTCUkvcyU%26refer%3Dlatin_america&cid=1260685963&ei=WPn9SLHKMYu8yATVsLGkCQ&usg=AFQjCNFCZcVnYK7-2bNnYRHhgAIVoZvZgQ)