The Greenback moves in a limited way, as Oil posts slight declines after EIA.
We have an interesting thing going on with WTI: the price touched the broken level of 52.50 and pulled back from it.
Market performance suggests trading volumes are limited ahead of the Christmas holidays. The Dollar trades with a little change against other major currencies.
The bullish signals from the FED, ECB and the rescue plan for troubled Italian lenders halted a sharp drop in the Eurozone bond yields.
The US Dollar retreats on profit taking, as Oil renew advances when production cut fuel prices growth.
USD/JPY has formed a white candlestick, which goes well with Christmas time, while Oil broke the resistance formed by OPEC.
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GS sees faster price increase on crude in 2017, new report shows.
The European currency staged a rebound after surrendering to the pressure from Dollar, sending the currency to a 13-years low.
The FED lifts the interest rate, sending Dollar for a new relentless rally.The emerging markets and safe heavens are out of favour.
Market’s response was quite predictable, and rather tame for that matter. It would have been more interesting to see what would have happened, if FED had not raised the rate.
The Dollar slides ahead of the FED, employment in the UK drops the first time in a year.
US Dollar trades in green ahead of the FED, Pound surge on consumer inflation data.
Oil soars as the Non-OPEC countries cut the output. Commodity producers are on a roll as the stocks surged on the deal. JPY extend declines ahead of a rate hike.
The oil exporting OPEC and non-OPEC countries had a meeting in Vienna on the 11th December.