NEW YORK: The dollar marched up to a four-year high on Thursday while oil wilted near a two-year low since investors hoped that the United States would not need central bank assistance in the near future.
The central bank released lending data that showed there is little in the way of demand for credit in the euro zone’s still-struggling economy that strengthened dollar. Brent crude lowered below $97 a barrel in international market which was its s lowest price in 26 months.