InvesTech - Chart of the Week - 02/01/10
Charts courtesy of James Stack InvesTech Research

Oil prices moved down again last week to just under $75 per barrel on the back of weaker than expected energy demand and a stronger U.S. dollar. Over coming months, the direction of crude prices will also be impacted by the pace of the global economic growth. Stay tuned for new updates.

The U.S. dollar remains firm as encouraging signs of an economic recovery continue to emerge. We will be watching this key economic indicator closely in the year ahead..


