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- RSuelzer replied Oct 26, 2007
Ahh, I see it makes sense. Let's just say they they began to price OIL in EUR, would the dollar lose most of its value?
- RSuelzer replied Oct 26, 2007
USD and OIL — If 75% or more of OIL is sold in USD, then wouldn't an increase in the price of oil also mean and increase in the demand for USD? How come OIL adversely affects the price of the USD if this is the case?
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