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WTI crude oil (USO) joins the euro in reversing a big run higher in January, -1.6% to $90.59,...

WTI crude oil (USO) joins the euro in reversing a big run higher in January, -1.6% to $90.59, its lowest level of the year. Just for fun, we created a graph of 3 risk markets in 2013 - SPY vs. USO and FXE. While oil and the euro have given up their gains, the S&P continues higher. It's probably nothing.
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Comments (1)
  • ellistar
    , contributor
    Comments (6) | Send Message
     
    So will oil catch up or will the divergence widen? That is the question.
    1 Mar 2013, 12:28 PM Reply Like
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