The Traderszone Network

Published in TZ Latest News 23 March, 2015 by The TZ Newswire Staff

Oil Rises 1.9% As Dollar’s Drop Boosts Appeal

Crude advanced as a weaker dollar made commodities priced in the U.S. currency more attractive to investors. Futures climbed 1.9% in New York and 1.1% in London. The dollar dropped against all but one of its 16 major counterparts, extending last week’s fall, which was the biggest in three years, as the Federal Reserve damped the outlook for higher rates.

read more