Forex News The dollar was steady overnight, with the boost given to it by oil dipping below $130/bbl canceled out by disappointing 2Q earnings results from key U.S. companies and debt rating cuts by Moody's. However, the DJIA still managed to close up 1.9%, although the Nikkei shed 0.7% as the mood turned sour in Asia. Friday is data light so oil, which is now back above $130/bbl, and equities - Europe opens down between 0.5% and 1.2% - will likely rule again.
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