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Oil Begins to Stabilize ?>

Oil Begins to Stabilize

Oil and gas stocks are on the rise, according to recent data. One of the biggest reasons for this is the fact that the price of crude oil has finally begun to go up. The fact that this is gaining traction in the stock market is encouraging for those that trade the commodity because of the fact that this means trader sentiment is finally beginning to shift toward a more bullish stance on crude. Last week, Exxon Mobil (XOM) reported…

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Euro Looking Up ?>

Euro Looking Up

The euro has made noticeable gains against the U.S. dollar over the last week, appearing to be on the rebound after hitting a new recent low on March 2nd. The EUR/USD bottomed out at 1.0866, and now stands up over 1.103, as of Tuesday morning. The trend is upward for the moment, but traders need to be cautious here, particularly because even the professionals are saying that this trend is likely to be short lived. Let’s take a quick look…

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