London

The USD grows caused by the change in oil prices

The United States dollar experienced some growth at the afternoon forex trades in London after the changes in oil prices and quite high US data issued. The fall of the oil prices doesn’t eliminate the inflation but now the danger the market facing is not do sharp. Let’s consider the current situation, the oil prices reached the point over $135 last week and then decreased below the $130. The European governments are under pressure of the demonstrations concerning high oil prices that make the French President to request the decrease of the Europe’s VAT on oil.

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