Oil Rockets $5 On Possible Rate Hike –

The European Central Bank indicated that they may raise interest rates to fight inflation.  This triggered the rise of more than five dollars for crude oil today.  If the europeans hike interest rates it could signal another slide for the Dollar.

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http://www.bloomberg.com/apps/news?pid=20601087&sid=a..owxDOdPDk&refer=home

Jim Sutliff

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