1. QUOTE from:
    Oil prices flirt with record high close to US$106
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    "The dollar is continuing to slide, with the greenback reaching a fresh record low," said Sucden analyst Andrey Kryuchenkov. "The weaker dollar is still providing support for most dollar-denominated commodities, as they become relatively cheaper for foreign investors and with many using commodities as a hedge against inflation." Oil prices smashed records this week as trade was also driven by a sharp and unexpected plunge in US crude reserves. Full Article at Channel News Asia
    The weaker dollar is still providing support for most dollar-denominated commodities, as they become relatively cheaper for foreign investors and with many using commodities as a hedge against inflation.
    SOURCE: Channel News Asia 21 months ago
All quotes from:
Oil prices flirt with record high close to US$106
  1. The well planned scenario for today is for weak US employment number, further fall in the dollar and further gains in oil
    SOURCE: Channel News Asia 21 months ago
  2. The dollar is continuing to slide, with the greenback reaching a fresh record low
    SOURCE: Channel News Asia 21 months ago
  3. The commodity boom continues with oil, gold and copper all hitting fresh highs. I see this trend continuing at present
    SOURCE: Channel News Asia 21 months ago

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