Oil declines on Spanish financial worries

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Source: Reuters

On Wednesday, prices for oil hit a 6-week low on Spanish financial worries, trimming earlier gains on Japan's central bank monetary stimulus. November delivery futures for Brent eased $0.80 to trade at $111.23 per barrel at 10:50 a.m. London time. Contracts for October delivery of U.S. crude lost $0.41 and were traded at $94.88 per barrel.

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Wed, 19 Sep 2012 15:15:06 GMT

Dollar broadly higher on Eurozone concerns

On Wednesday, the greenback was broadly higher versus its major counterparts, as Spanish financial worries supported the demand for safe haven. EUR/USD went down by 0.38%, reaching the level or 1.2996. GBP/USD fell to 1.6202, which was a 0.26% loss. USD/CHF climbed 0.18%, being traded at 0.9302. USD/CAD inched up 0.07% and was traded at 0.9748.

Wed, 19 Sep 2012 14:53:07 GMT

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