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- leachimeewg replied Oct 29, 2007
I'll try to make some sense out of all this. What you mean is that since the dollar is depreciating and eroding purchasing power, let's price it in EUR then. 1. Pricing oil in ANY currency such as Euro, Yuan, Sterling, Yen etc (maybe Yen isn't a ...
- leachimeewg replied Oct 26, 2007
Whoa... FIBER at 1.55 then... but if we know it, its not going to happen.. lol.. Efficient Market Theory.
- leachimeewg replied Oct 26, 2007
As de123 mentioned, Oil is priced in USD. On the other hand, the strength of a currency is not only dependent on one factor but a myriad of many factors. You can deduce that: if dollar becames stronger, oil price could come down. if dollar becames ...
- Posts by Member Search: 'leachimeewg'