Oil drop boosts optimism - AOL Video

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Oil drop boosts optimism: Oil prices continued to drop from record peaks on Thursday, boosting Asian investor confidence and t...; Channel:MediaScrape; All Tags
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Oil prices continued to drop from record peaks on Thursday, boosting Asian investor confidence and the buying power of the U.S. dollar. The fall came on the back of a recent 15% slide in crude despite the peak summer travel season in North America. The greenback's rise against Asian currencies made exporters like Toyota Motor more attractive. To...

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