Excerpt from: CFDs & Spread Bets
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| April 23, 2008 | | Placing spread bets on oil prices | Financial spread betting strategy on oil prices should consider that they are pulling back a bit this morning. Yesterday, as the US dollar tanked against the euro in forex trading, oil prices nearly reached the $120 a barrel mark.
Today, however, the word is that most of the surging gains were speculative, and un-warranted. Oil prices are correcting, although they are still quite high, at just below $118 a barrel.
| Topic Tags: euro forex trading, financial spread betting, forex trading, oil prices, placing spread bets, spread bets oil prices, spread betting, spread betting oil prices, spread betting strategy | |
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