$55 a barrel crude remains “far away from the equilibrium price.” Rouble keeps “moving” above the broken descending weekly channel and prices, making the trades risky.
The index AUS200 approached the broken descending channel forming a hammer.
The Oil prices soar, as OPEC is close to a successful deal. Same time, Australian Dollar plunge dragged by iron ore.
The Dollar retreats ahead of Yellen, as Bank of Japan saves the global bond market from a further stagnation.
The US Dollar soared after the FOMC meeting protocol was published.