LiteForex - Analytics

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    BRENT: general analysis on 01.07.2015

    Brent crude oil is falling against the US dollar. Some experts say the risk of Greek default makes energy prices lose its positions. To avoid the collapse, the Greek authorities decided to close all banks and place restrictions on the withdrawal and transfer of money. Amid these measures the attractiveness of the US dollar increased. The growth of the US currency usually makes investments in commodities less attractive, and the drop in demand makes prices go down.

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