In conjunction with the tensions in the Middle East region, and after a significant rise recorded yesterday, oil prices fell in trading today, Wednesday.
According to Bloomberg data, “Brent crude oil is approaching per barrel”>US West Texas Intermediate crude futures fell by 0.40% to $71.45 per barrel, while Brent crude futures fell by 0.39% to $75.74 per barrel.”
In yesterday’s trading, Tuesday, oil prices rose by about 1.5%, as US crude contracts rose to $72.09 per barrel, while Brent contracts rose to $76.04 per barrel.
The dollar is at a two-month high
The dollar index rose over three weeks to record its highest level since August 2, at 104.9, and the dollar was trading at 152.08 yen, up 0.65 percent.
The yen witnessed the largest movement among currencies and fell to 152 against the dollar for the first time since July 31, with the continued rise of the dollar. In its most recent transactions, the euro recorded a decline to 1.08035 dollars after falling to the lowest level since August 2 at 1.0792 dollars, and there was no significant change in the pound sterling. It was traded for $1.29925 after falling to the lowest level since August 19 at $1.2945. As for digital currencies, Bitcoin fell 0.71 percent to $67,002.42.
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