The crude oil price has been steady today after surging last week on supply woes. With the US on holiday today, conditions in some markets might see less liquidity. Where to for WTI?
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The crude oil price has been steady today after surging last week on supply woes. With the US on holiday today, conditions in some markets might see less liquidity. Where to for WTI?
from DailyFX – Market News https://bit.ly/3R7s2Lc
via IFTTT
The retreat in US Treasury yields amid a scaling back in US Federal Reserve rate hike expectations this year appears to have put a lid on USD/JPY.
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The US jobs data released last Friday displayed signs of softening in the US labour market, while Wall Street continues to catch a breather from its recent rally.
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The Australian Dollar has been battling to lift off the mid-August low but the recent rally might be constructive for it as it seeks to move back into a range trading environment.
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The US Dollar broadly underperformed as gold prices soared. Ahead, the Australian and Canadian Dollars are eyeing the RBA and BoC, respectively. Will crude oil prices extend a winning streak and what else is in store for markets in the week ahead?
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