Oil Trading Up On Unexpected Supply Decline

Oil Trading Up Oil prices climbed after U.S. government information verified an unexpected decline in crude supplies. However, the upcoming financial policy decision from the Federal Reserve combined with concern over Cyprus held price increases under control. Crude oil rose $0.32, or 0.4%, up… Read More…

Euro Drops To 3-Month Low vs. US Dollar

Euro Trading Down The euro fell to a more than 3-month low in opposition to the U.S. dollar and a close to two-week trough as opposed to the yen on Monday as a bailout plan for Cyprus which will tax bank deposits sparked contagion concerns in the euro zone. The 0.9% decrease on the day … Continue reading