WTI Oil Eyeing Deeper Retracement, Downside Risks Remain in Play

WTI reclaimed the key $80 a barrel mark as OPEC+ rubbished claims of a potential production increase. A return of dollar strength could dampen the rally.

from DailyFX – Market News https://bit.ly/3tRO1ck
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Euro Firmed as the US Dollar Paused Amid Fed and China Factors. Where to for EUR/USD?

The Euro finally found some traction today after Monday’s rout that saw EUR/USD slide lower on comments from Fed speakers and China growth concerns. Will EUR/USD continue slipping?

from DailyFX – Market News https://bit.ly/3ViZPzM
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S&P 500 a Volatility Risk While the Dollar Falls Back to a Reliable Theme: Fed Hikes

The opening day for the week upon which the Thanksgiving holiday falls has reinforced expectations for the typical liquidity curb. However, ranges as narrow as the one the S&P 500 is carving out are highly prone to volatility; and the Dollar seems to be unencumbered as it follows familiar rate forecasts.

from DailyFX – Market News https://bit.ly/3V0oauA
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