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IT_Bulls
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05 Sep 2008 22:13
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05 Sep 2008 22:06
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As oil prices have fallen in recent weeks, the dollar has gained steadily against the euro. The dollar and commodity prices usually move in opposite directions, said James Cordier, portfolio manager of OptionSellers com.
Now that prices are dropping, the price is still too high.
Traders are going to start targeting $100 for the price of oil soon.
Because crude oil is traded in U.S. currency around the globe, a stronger dollar lowers oil prices.
The dollar received a fresh boost against the euro Thursday after the European Central Bank and the Bank of England left interest rates unchanged.
...
Now that prices are dropping, the price is still too high.
Traders are going to start targeting $100 for the price of oil soon.
Because crude oil is traded in U.S. currency around the globe, a stronger dollar lowers oil prices.
The dollar received a fresh boost against the euro Thursday after the European Central Bank and the Bank of England left interest rates unchanged.
...
05 Sep 2008 22:03
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05 Sep 2008 11:27
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05 Sep 2008 11:16
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05 Sep 2008 04:35
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04 Sep 2008 04:09
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Exit Realty; enter RPL and TCS.
Despite early signs of a turn in the housing market, prices still have a long way to fall. In fact, we're probably only halfway there.
There's no perfect valuation metric for houses, but two measures--price-to-rent and price-to-income--are the best we know of. A quick glance at recent charts of both reveals how expensive house prices still are....
Despite early signs of a turn in the housing market, prices still have a long way to fall. In fact, we're probably only halfway there.
There's no perfect valuation metric for houses, but two measures--price-to-rent and price-to-income--are the best we know of. A quick glance at recent charts of both reveals how expensive house prices still are....
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