Daily Fundamental Oil Price Forecast – Dollar Strength and China Locks Encourage Buyers to Reduce Positions – FX Empire
Daily Fundamental Oil Price Forecast – Dollar Strength and China Locks Encourage Buyers to Reduce Positions – FX Empire
Bearish factors are accumulating In addition to the appreciation of the US dollar, crude oil bulls were troubled by weak US economic data which could weigh on future demand. U.S. consumer confidence was lower than expected in January and other economic data such as weak retail sales and producer prices also highlighted the possibility of […]
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