Oil, Dollar Fall Amid Greek Crisis And Global Slowdown
- Saturday, June 18, 2011, 3:05
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Oil hit its lowest level in fourth months on Friday, while the U.S. dollar fell against its major trade partners amid speculation that Greece would receive a new bailout package after German and French authorities came to an agreement on how to move forward with the Eurozone debt crisis. Markets also reacted to a slowdown in global economic growth, as made clear by an IMF report released on Friday.
http://blogs.forbes.com/afontevecchia/2011/06/17/oil-dollar-fall-amid-greek-crisis-and-global-slowdown/