Euro & Oil Rise –

The Euro climbed in trading on Monday and rebounded from lows reached on Friday.  The rally may be brief and the Euro could come under more pressure before the end of the summer.  Oil also rose on Monday with Brent crude reaching $100 a barrel and U.S. crude trading near $86 a barrel.  A potential lockout that would shut Norway oil production is driving up Brent crude prices.

To read a related Fox Business article, please click here:

http://www.foxbusiness.com/markets/2012/07/09/oil-edges-up-on-norway-strike/

James Sutliff

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