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Al Bawaba
December 27th, 2006 - 12:40 GMT

Lower Oil Prices Sends U.S. Dollar Higher

· Lower OilPricesSendsU.S. Dollar Higher · Signs of Strong Holiday Sales in Germany and Australia · Yen Weakens After Data Gives BoJ Little Reason to Accelerate Rate Hike US Dollar With nearly every country except for the U.S. still on holiday, it is no surprise that the foreign exchange market is extraordinarily quiet. The U.S. dollar is slightly firmer, but there is little supporting the move aside from lower oil ...
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