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FOREX: Iranian Oil Bourse & EUR/USD.

seyton
Posts: 16
 Joined: 2006-03-18

The Iranian Oil Bourse is slated to open this week, I think the 20th. It will begin selling for the first time ever Oil in Euros instead of USD, which will force countries to up their reserves of Euros and sell USD.Will it cause a rally in the EUR/USD? Short term? Long term?


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