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Crude Oil Daily Fundamental Analysis for September 20, 2011

posted by Avatar FXEmpire 607 days ago in Fundamental, Daily, Oil

Crude oil prices fell on Monday, as pessimism dominated markets on mounting concerns the European debt crisis is worsening, which raised concerns over the outlook for oil. Moreover, the U.S. dollar strengthened against major currencies, as traders opted to target lower yielding assets, which sent the U.S. dollar sharply higher, and accordingly, cru
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