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Countries with other currencies — in particular those in Europe — are enjoying a built-in hedge against more expensive oil as their money climbs against the dollar.
More to follow … Updated at 9.55am BST 8.34am BST Sterling climbs against the euro Sterling v euro in 2012 The euro continues to suffer in the currency markets – it just hit a new three-and-a-half-year low against sterling of 79.915p.
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And, in hill climbing, against the mountain.
But not every currency is climbing against the American dollar.
The dollar climbed against the euro and the yen.
Now Baker has another steep postseason hill to climb against Philadelphia.
In all those states, Romney will face an uphill climb against Santorum and even Gingrich.
The dollar climbed against the yen after Japan sold its currency to protect exports.
The Mets will lament the loss today before resuming their arduous climb against the Montreal Expos tomorrow.
The yen climbed against the dollar and the euro as officials voiced their concerns about Japan's policies.
To defuse mounting trade tensions, the Beijing government will remain under pressure to let the yuan climb against the dollar.
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