Oil Prices Range-Bounded as Torn Between Inventory Draw and Firm USD

Posted August 16th, 2017 by jodidonnell and filed in General News

Strong economic indicators and easing geopolitical tensions kept US dollar firm, lifting the DXY index for a second consecutive day. Indeed, the greenback was higher against major currencies and were particularly strong against British pound (+1.02%) and Japanese yen (+0.9%), of which the weakness was driven by improving risk appetite.

See the rest here: 
Oil Prices Range-Bounded as Torn Between Inventory Draw and Firm USD

Leave a Reply

You must be logged in to post a comment.