Brent Crude Latest: Coordinated SPR Release Unlikely to Affect High Oil Prices

Biden’s coordinated response to high oil prices resembles a mere drop in the ocean and looks unlikely to produce long lasting price relief

from DailyFX – Market News https://bit.ly/3HP6j3A
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EUR/USD Forecast: Euro Hits Pre-COVID Levels, Further Weakness to Come?

The Euro has had a tough 2021 thus far, and could only get worse. A dovish ECB coupled with present COVID-19 concerns, EUR/USD is primed for further downside.

from DailyFX – Market News https://bit.ly/2ZkzJVM
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US Dollar (DXY) Takes a Break, Chart Set-Up Remains Positive

The US dollar is taking a Thanksgiving break and turnover is expected to be low until the start of next week when the recent rally is expected to resume.

from DailyFX – Market News https://bit.ly/3CP85hy
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British Pound (GBP) Price Outlook: GBP/USD Approaching Key Support Levels

GBP/USD continues to look weak, due principally to a strong US Dollar, but is now close to some important supports that might halt its slide temporarily.

from DailyFX – Market News https://bit.ly/3FQnGiN
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