FinFacts logo FinFacts 16 months ago

Markets News Friday: Euro falls from above $1.55; Oil price hits new record of above $105 a barrel in New York

In New York Thursday, the credit crisis moved back to centre stage as two big name financial forms defaulted on loan obligations and there was further grim data on the housing market. Full Article at FinFacts

Related Topics:

  1. Federal Reserve
  2. OPEC
  3. Citigroup

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  1. USA Today logo
    Oil prices fluctuate after hitting record above $106
    16 months ago

    Oil prices jumped to a record above $106 Friday but extended their recent pattern of choppy trading after a weak jobs report ... Full Article at USA Today

  2. Newsvine logo
    Oil Gyrates, but Hits New Record
    16 months ago

    NEW YORK — Oil prices fell Friday as U.S. payroll figures seemed to offer further proof of an economic slowdown in the world's biggest oil consuming nation. Full Article at Newsvine

  3. Newsvine logo
    Oil Falls After Setting New Record
    16 months ago

    NEW YORK — Oil prices jumped to a new record above $106 Friday but extended their recent pattern of choppy trading after a weak jobs report convinced many traders that the Federal Reserve's interest rate-cutting campaign will continue. Full Article at Newsvine

  4. WFAA logo
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    The price of regular unleaded is pushing $4 a gallon at this station in Redwood City, Calif. Full Article at WFAA

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Related Quotes

  1. We rose earlier on the dollar play and expectations that the Fed may have to lower rates
    SOURCE: Earthtimes.org 16 months ago
  2. There are expectations that the dollar will go lower, and that's driving money into commodities ... Traders now have this mantra: sell the dollar and buy oil, or buy commodities.
    SOURCE: Newsvine 16 months ago
  3. The dollar is continuing to slide, with the greenback reaching a fresh record low
    SOURCE: Channel News Asia 16 months ago
  4. The swings in the dollar are still the most critical item
    SOURCE: USA Today 16 months ago
View all Related Quotes »
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Cast of Characters

  1. OPEC OPEC
  2. George W. Bush George W. Bush
  3. Federal Reserve Federal Reserve
  4. Chakib Khelil Chakib Khelil
  5. Citigroup Citigroup
  6. BP p.l.c. BP p.l.c.