The Traderszone Network

Published in TZ Latest News 18 June, 2015 by The TZ Newswire Staff

Oil prices rise on weak dollar, hopes of Greek deal

Oil prices rose on Thursday as a weaker dollar made fuel cheaper for holders of other currencies, and on hopes of a last-minute breakthrough that could keep Greece in the euro zone and help avoid a shock to European economic growth. The dollar fell 0.5 percent to a one-month low against a basket of currencies after the Federal Reserve disappointed investors who had hoped for a clearer signal on when the U.S. central bank will lift interest rates.

read more