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Thin trading over Christmas, commodities rally

Posted on 29 December 2008

From Fxstreet.com: U.S. Dollar Trading (USD) very quiet trading with Europe away and thin equity markets in Japan and US. Most of the action was reserved for the commodity front with Oil and Gold rising on fresh geopolitical concerns out of the Middle East and India/Pakistan.

In U.S. share markets, the NASDAQ was up 5 points (0.35%) and the Dow Jones was up 47 points (0.56%). Crude Oil closed up $2.36 ending the New York session at $37.71 per barrel….. Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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