Oil Slick Stuff

Dollar GAINS again! BUT may be turning around right now.:mad:

Dec. 15, 2011, 11:39 a.m. EST
Dollar gains on IMF reports; Swiss franc rallies

Swissie jumps after central bank maintains floor

By Deborah Levine and Polya Lesova, MarketWatch
NEW YORK (MarketWatch) — The dollar pared losses versus the euro on Thursday after reports that International Monetary Fund chief Christine Lagarde said the organization would seek aid from countries outside the euro-zone to help with the region’s debt crisis.
The euro was aided earlier by better data in Europe and the U.S. and a solid Spanish debt sale.
The biggest gainer among major currencies, however, was the Swiss franc, which rallied after the Swiss National Bank maintained the minimum exchange rate of 1.2 francs per euro.
The dollar index /quotes/zigman/1652083 DXY -0.32% , which measures the greenback against a basket of six major currencies including the franc, traded at 80.381, up from 80.176 earlier but still off compared to 80.538 in late North American trading on Wednesday.
http://www.marketwatch.com/story/dollar-index-edges-down-after-big-gains-2011-12-15
 
Dollar GAINS again! BUT may be turning around right now.:mad:

Dec. 15, 2011, 11:39 a.m. EST
Dollar gains on IMF reports; Swiss franc rallies

Swissie jumps after central bank maintains floor

By Deborah Levine and Polya Lesova, MarketWatch
NEW YORK (MarketWatch) — The dollar pared losses versus the euro on Thursday after reports that International Monetary Fund chief Christine Lagarde said the organization would seek aid from countries outside the euro-zone to help with the region’s debt crisis.
The euro was aided earlier by better data in Europe and the U.S. and a solid Spanish debt sale.
The biggest gainer among major currencies, however, was the Swiss franc, which rallied after the Swiss National Bank maintained the minimum exchange rate of 1.2 francs per euro.
The dollar index /quotes/zigman/1652083 DXY -0.32% , which measures the greenback against a basket of six major currencies including the franc, traded at 80.381, up from 80.176 earlier but still off compared to 80.538 in late North American trading on Wednesday.
http://www.marketwatch.com/story/dollar-index-edges-down-after-big-gains-2011-12-15

What do the peanut futues look like?
 
Crude Ends Slightly Lower, Capping Down Week
by Dan Strumpf
|
Dow Jones Newswires
|
Friday, December 16, 2011



NEW YORK (Dow Jones Newswires), Dec. 16, 2011
Crude-oil futures edged lower Friday, capping a week of steep declines spurred by growing worries about slowing oil demand.
The decline marks the third straight downward session for benchmark U.S. crude and its lowest finish in six weeks. Futures fell 5.9% this week alone.
Light, sweet crude for January delivery settled down 34 cents, or 0.4%, to $93.53 a barrel on the New York Mercantile Exchange. Brent crude on ICE Futures Europe recently traded up 36 cents, or 0.3%, to $103.96 a barrel.
Crude-oil futures spent the week buffeted by signs that the anemic global recovery is weighing on crude-oil demand. A report showing weak gasoline demand in the U.S. spurred a steep sell-off on Wednesday that continued for two straight days. Meanwhile, concerns about Europe's sovereign debt crisis remain at the forefront of traders' minds.
"It's nothing but bad news out there," said Ray Carbone, president of the oil options brokerage Paramount Options in New York.
https://www.rigzone.com/news/article.asp?a_id=113448&hmpn=1
 
Back
Top