| http://www.w3.org/ns/prov#value | - If interest rates are increased, then this will decrease European demand for oil and thus lower the global average price, and therefore also the price in both euro and dollar terms.From all of this it follows that the effect of ECB interest rate increases is ambiguous for the dollar price of oil (as the total demand effect counteract the exchange rate effect) while the effect on the euro price of
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