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Euro Climbs Along With Oil as Japan Stocks Decline: Markets Wrap
published Dec 29th 2016, 6:19 pm, by Benjamin Purvis and Daisuke Sakai (Bloomberg) —The euro spiked higher as the dollar weakened for a second day and oil rebounded in thin end-of-year trading. Japanese and Australian stocks fell. European currencies including the Danish krone and Swiss franc also appreciated against the
Hedge Funds Turn Most Bullish on Oil in 8 Months as Output Slows
©2015 Bloomberg News NN2SO76JTSEE (Bloomberg) — Hedge funds increased bets on rising oil prices to an eight-month high on signs U.S. production is slowing. Speculators boosted their net-long position in West Texas Intermediate crude by 9 percent in the seven days ended April 14 to the highest since August, U.S.
